He's not good for everyone
"The firearm industry was riding high during the run-up to the 2016 U.S. presidential election.
Former first lady, senator, and secretary of state Hillary Clinton was favored to win, and a wide array of gun advocates warned of a looming Second Amendment crackdown. Earlier that same year, then-President Barack Obama stoked similar fears by proposing to expand federal background checks for purchases.
That year, firearm purchases soared.
But President Donald Trump's upset over Clinton seems to have helped in reversing all that.
Fears of a crackdown have tapered off under a president who calls himself a "true friend" of the National Rifle Association (NRA). And gun sales have tapered off, too.
It's against this background that, exactly one week ago, legendary gun manufacturer Remington Outdoor Company said it would file for Chapter 11 bankruptcy."
John Peterson
Threaded Mode