Thursday, May 08, 2008

On the subject of the economy....

Hartford Business It seems gun sales in Connecticut are way above last year's sales volume.
n the first three months of 2007, 16,651 guns were sold statewide. In the first quarter of 2008, that number jumped to 20,101. More guns were sold in the first three weeks of April than in the entire month last year.

The monthly reports of gun sales from the state Department of Public Safety show a spike in gun purchases beginning early last fall. That was just weeks after two parolees invaded the Petit family home in Cheshire, killed three and burned the house to the ground.

From May to September in 2007, statewide gun sales had reached 5,000 only once.

From October to March, the lowest total was 6,185 in February. And that figure for February was 25 percent higher than a year earlier.
A 25% increase? Imagine what sales would be if the country wasn't in recession. (Or is it in recession?)

And in Connecticut, you can't just run down to the corner store and buy a handgun on a whim. You have to take a class and get a permit. One store-owner interviewed has doubled the number of permit classes he offers and still has a waiting list - of first-time buyers.

Now in my economics classes, we usually discussed "guns versus butter" (i.e. security versus the flavor in your life). So are guns part of your disposable income, or not? In my case, I view some level of security as a requirement. So I guess it depends on the firearm (a slim-line GLOCK in 45ACP versus a 308 Palma. They probably fall into different categories.)

No comments: