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Nov 9, 2012 7:23 PM by Jenise Fernandez

Gun Sales on the Rise After President Obama is Re-elected

Just three days after President Obama was re-elected to a second term, already talk of an economic boost. Since he was re-elected, gun sales are on the rise across the country. Some of the major gun corporations have seen huge gains. Strum Ruger and Company is up about 13 percent since the week started. Smith and Wesson holdings up 17 percent. Economists think the spike in sales is due to fears of tighter regulations. The trend is also proving true in Acadiana.

"What I'm trying to do is to get a better conversation going about how do we reduce the violence generally. Part of it is seeing if we can get another assault weapons ban introduced," said President Obama in the second presidential debate.
Those words have people rushing to gun stores to stock up. The president mentioned the possibility of a ban, but the idea not sitting well with some gun owners in Lafayette.

"Prices could rise, background checks can be stricter, it could become more of a hassle," said gun owner Tyler Bertrand.

Bertrand is looking to buy a handgun to add to his collection of rifles and shotguns. Bertrand says although there is reason for concern, he doesn't think the president will be able to change much.

"The president can do whatever he wants. I think he'll make laws stricter, but as far as doing away with them period, I don't think there's a chance of that happening," said Bertrand.

Employees at Lafayette Shooters say the day after the election, there was a huge line of people waiting to buy guns. They say most were stocking up on ammo. Ariane Gaudin says a possible "ban" is a very sensitive topic in the South.

"It's southern heritage. We were born and raised to go out and find our own meals. It's a huge part of our culture," added Gaudin.

When President Obama was elected in 2008, firearm sales jumped overnight. According to CNN, the FBI conducted more than 97,000 background checks shortly after the 2008 election.That's the third highest number of background checks ever recorded in a single day. The last time there was an "assault weapons ban" was during President Bill Clinton's term. That ban expired in 2004.

 

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