Nationwide Ammunition Shortage Hits U.S.

Garys

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We all know that, but here's some interesting information on the causes of the shortage.

http://pajamasmedia.com/blog/nationwide-ammunition-shortage-hits-us/

Of course AP just had to blame George Bush, although Iraq and Afghanistan don't seem to have had much to do with it.

Rick Shoupe of PMC Ammunition, which has a more civilian-focused market for his company’s products, reflected in his explanation:

Shortly before the presidential election the dam broke as far as U.S. gun and ammunition sales are concerned. I believe it is a reaction by the general public because of two main reasons. Number one, the political environment which results from the attitudes about gun control in the majority of Congress and the president himself. They are anti-gun. Number two, the current financial crisis in the U.S. has added to the frenzy, causing again the general public to want some sort of personal protection. Just in case they need it.

We are seeing a bubble in demand like I have never seen before and I have been in this business for 35 years. This demand is in addition to the military and law enforcement that also continues. PMC has expanded production to try and handle as much of the demand as it can before the demand starts to drop. Even so, the first scent of legislation being introduced to Congress will light another candle in the demand for these products. It will not end until the legislation is passed
 
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