$1 Billion Ammo Backlog

Profit incentive for Vista Outdoors to report that.

Whether or not it is quite accurate....it Certainly creates continued anxiety.

When did anxiety —stop— being profitable to businesses?

 

As soon lefties find the backlog will ad an extra tax, not so much to spook us but enough to increase coverage of their spends on rubbish and then restrict more.
Making their side happy for a while.

 

Among other things one can say about the current demand for ammo and guns, it certainly reflects the interest level. I'm 74 and in my life I have never seen such an acceleration of interest in gun ownership along with shrinking interest in gun control. That backlog number shared here is stunning. I'm betting this trend will continue for months if not years to come.

 

Pfffft. PI’m not worried as long as I can get my hands on some sulfur, diamonds, coal, potassium nitrate, rope and big logs of Bamboo...

 

Good time to sell guns if that is a goal.
Maybe trade for ammo?

 

Remington had a LOT of factors going against it. Not the least of which was a raft of lawsuits. I also understand their factories were very old and not in very good shape, they had labor issues, and I suspect they weren't a very well run business to begin with. It's a shame. I liked a lot of their products and who knows where it will all shake out at the end of the day.

 

Remington was milked to death WHILE it was mired down by lawsuits.
Management basically butchered the company and then just walked away.
If it gets revived from the pile of bones that are left, I'll be surprised.

 

I would like to know if production numbers for ammo has decreased significantly. That would tell me if it’s purely a demand problem or not.

 

Here's some interesting info on shortages and prices:

https://www.tacticalshit.com/nation...is-the-ammo-when-will-prices-be-normal-again/

 

My wife and many friends thought I was nuts for buying as much ammo as I could store during the 2002-2006 good old days when I could get 1000 rounds of Wolf 45ACP for $120, 1000 9mm for $90, 1000 7.62x39 $100, SA 7.62x51 surplus 1200 for $220, etc. Retirement was on the horizon and I knew these were historically low prices in terms of "real dollars". Got all I could afford every month and set most of it aside for my retirement. Best performer in my retirement portfolio, by far. I'm very happy shooting 2 MOA ammo at 4 MOA steel targets and having enough ammo to occasionally take friends shooting with me without them needing to scrounge for ammo beforehand.

I retired in 2014 and haven't bought ammo other than .22lr since. Never saw possible shortages of .22lr coming. Having 50K on hand at the Sandy Hook panic was just dumb luck as my wife and I were shooting 2-3000 rounds a month then, so it didn't seem excessive or forward looking, took delivery of 25K of Federal bulk pack the week before it hit the fan, found a good price and figured get enough for another year. I basically quit shooting .22lr during those lean times so my wife could still enjoy shooting.

 

Didn't Mythbusters disprove this episode plot in one of their shows?

https://trekmovie.com/2009/12/29/mythbusters-take-on-star-trek-gorn-canon-recap-w-pics-video/

I believe the actual wood used to make the charcoal for black powder was part of the "secret" to making good powder.

 

Crushing debt. Let's say you inherit a business. It generates great operating income and profit -- more than enough to pay all operating expenses, with some left over. However it cannot service a huge loan that was taken out years before during lean times.

 

Humor impaired, much?

 

hmm...4 out of 5 are 'red'....

 

Let’s avoid the politics diversion

 

Someone needs to remind Joe & his creu of that

 

Mass media, in character, attempts to minimize the former and tends to contradict the latter. I live in Vermont, a state which not too long ago was paradise for the law abiding gun owner. Now, over a very short period of time, we have moved into the column of states with very restrictive laws.

 

Can taxes on ammo be implemented just on the ATF regulations side without a new Federal law being voted in?

 

Only Congress levies taxes (potus must sign the legislation). But could there be some kind of concocted user fee? We’ll find out soon enough.

 

W/o any Federal 'sales' tax, ala VAT..doubt it. AND no Federal 'sales or 'use' taxes today....Sky not gonna fall..

 

The Feds can impose excise taxes, such as the ones on gasoline and tobacco. There is no reason that one cannot be placed on firearms and ammo, at least as far as I know.

 

There first has to be underlying legislation authorizing the tax, then the president (via his designated agency) decides the details. It is possible the ATF’s authorization already includes the necessary authority (or a so inclined administration could interpret as such).

 

I hope we don’t find out anytime soon. Maybe such a tax would be found to be unconstitutional, but I wouldn’t count on SCOTUS to be willing to hear a case about taxation.

 

Except it would never get past the Senate after January 20th.

 

Well I’m not a constitutional scholar but I did stay in a holiday inn express last night, so...SCOTUS might not take a straight tax case, but if the tax were punitive or so high as to make it unfair to low income folks THEN you might have an argument it violated the equal protection clause. There’s a lot to hate about the list of anti second amendment proposals and as FFGColorado implied—only keeping control of the senate will help us.