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NAT’L – GUN RETAILERS – Americans Are Spending Their Stimulus Checks On Guns

FORBES – March 10, 2021 – Americans are looking forward to another round of stimulus checks and gun shops are looking forward to another round of stimulus stockpiling.

As the House takes its final vote Wednesday on the $1.9 trillion stimulus bill, many Americans are looking forward to spending their $1,400 stimulus checks at the gun store.

“Stimulus check equals gun money,” said Brandon Wexler, owner of Wex Gunworks in Delray Beach, Florida. “I do anticipate that when people get a stimulus check they will spend it on firearms, accessories, high-capacity magazines and ammo, if they can get it.”

Retailers have learned from the previous two rounds of stimulus payments that they can provide a temporary windfall for gun stores.

Al Tawil, owner of Towers Armory, a gun store and range in Oregon, Ohio, said that his weekly sales jumped by about 20% right after mid-April 2020, when many Americans received the first $1,200 stimulus payments from the federal government. He has every reason to believe it will happen again.

“We’re expecting another big sale when the stimulus comes out,” he said. “They’ve got the extra money and people go indulge themselves with something they can’t normally afford. Some people want a car. Some people want a gun.”

He said that customers generally want semiautomatic pistols for self-protection and they sell out quickly — popular brands like Taurus, Sig Sauer and especially Glock are tough to keep in stock. He said that AR-15s are also sought out because they’re targeted by President Biden’s gun control plan. Ammunition is hard to come by, because demand has outstripped supply.

If last year was any indication, many Americans will be splurging on firearms again. There’s been a yearlong boom in sales as Americans have armed themselves due to worries about the rise of violent crime and outbreaks of civil unrest, including protests over police brutality against Black men and the deadly Capitol riots of Jan. 6.

The drumbeat continues. Hundreds of protestors marched in Minneapolis last weekend, as jury selection began this week in the murder trial of Derek Chauvin, the police officer accused of killing George Floyd last year, which sparked a serious of volatile protests in cities around the country.   [full article]

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