How will the recession affect gun purchases?

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I can't speak for everyone, but at my house, things are tight. I don't owe anyone, I have two vehicles, one little ford ranger and a Tahoe, the tahoe sits at home and the Ranger runs me to the grocery store, gun range, etc.
Retired, fixed income, all costs are up, I'm even raising a garden this year to help offset the skyrocketing food prices. I live on 4.8 acres, I buy lawn mower, tiller, weed eater, tractor fuel in 5 gallon containers, 5 of those containers filled recently was $92.00:cuss: Call it whatever you'd like, but things are tuff at my house.
 
the money is backed only by faith and belief.
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Which is being undermined by politically motivated lies about the economy. There are people so power-mad that they think nothing of damaging the country and creating hardship for ordinary people if it serves their purpose of getting elected.

Refusing to believe the garbage about the non-existent "recession" and exposing it as politically motivated garbage is a defense against turning those lies into reality.

One might also note that these same politically-minded power-seekers who cry gloom and doom on the economy are the ones who are responsible for the rising price of gas because they refuse to permit drilling into our vast, untapped oil resources; refuse to permit new, more efficient refineries to be built, and refuse to even consider clean, safe, efficient, modern nuclear power.

And they are the same ones who promote anti-gun legislation lest anyone challenge their power.

So, when people who shouldn't be trusted if they say the sun is shining at high noon in the center of the Sahara start talking about how bad the economy is it should indicate that the actual truth is probably the exact opposite.
 
I just recently picked up some nice additions to my blossoming gun collection due to other people fretting over the rising price of staples (gas, groceries, etc). My gun shop has a nice assortment of 2nd hand guns, and I enjoy looking through them immensely. :D
 
I dont understand the economy at all. It looks like to me that everything stems from inflation, which stems from overspending and doubling our deficit in the past six years.

I think the reason why everything is costing more is because all of the international companies and such that sell us metal, gas, etc. etc. adjusted to both the growth of industrializing countries, and MAINLY our crap currency. Nothing has really increased in value from what I've seen, it's just that our dollar now represents less of that value. That hurts because job wages havent been inflated while the dollar that you get for it has.

even if our economy isnt in a recession, it is still in utter shambles. They need to hurry up and adjust wages, and then people wont be hurting over it so much
 
What recession?

I haven't noticed a recession here in South Texas. Our economy is actually booming. New residential and commercial developments are being started every month. Unemployment is high compared to the rest of the country, but historically low for the area. As a teacher, my job security looks good. In Brownsville, schools can't be built fast enough to keep-up with the growing population.

Personally, my income is up, my portfolio is up, my net worth is up and my gun collection is growing. Last month I bought a Colt 1911.

To offset rising prices, I began reloading this month and I've cut back on driving. But those are the only changes I've made in my life so far.

I consider myself very fortunate, and wish the best for others with circumstances more challenging than mine.
 
In regards to gun shows, the last couple of ones I've been to be seemed to packed with people trying to sell their guns, not buy any more. In the past this used to be a cyclical thing, like needing some cash so the family could go on a vacation, or maybe money was needed for family reasons. But it just appears to me that for a lot of folks nowadays, money is tight, and selling off some of their guns may help out with more important necessities like the mortgage payment, fuel costs, and putting food on the table. Debate all you want about whether it's a recession, global economics, or just your usual political trash talking; the reality is for many Americans feeling the economic pinch, buying guns has become a very low priority as it relates to where their dollars are going.
 
I dont understand the economy at all. It looks like to me that everything stems from inflation, which stems from overspending and doubling our deficit in the past six years.

I think the reason why everything is costing more is because all of the international companies and such that sell us metal, gas, etc. etc. adjusted to both the growth of industrializing countries, and MAINLY our crap currency. Nothing has really increased in value from what I've seen, it's just that our dollar now represents less of that value. That hurts because job wages havent been inflated while the dollar that you get for it has.

even if our economy isnt in a recession, it is still in utter shambles. They need to hurry up and adjust wages, and then people wont be hurting over it so much
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Ultimately what you're asking for is part of inflation. http://en.wikipedia.org/wiki/Price/wage_spiral
So "wages chase prices and prices chase wages," persisting even in the face of a (mild) recession. This price/wage spiral interacts with inflationary expectations to produce long-lived inflationary process. Some argue that incomes policies or a severe recession is needed to stop the spiral.
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No one ever wants to feel an economic pinch but the system goes in cycles. You take your lumps when you've earned them and we have earned them. Attempting to cheat the system ("simple, just give everyone more money!") of course won't work.
 
While we can debate whether the overall economy is in recession, it's surely not the case with firearms. Sales of polymer pistols and ARs are booming. I was at the last Dulles, Va gun show and there were at least 10,000 people there. It took over an hour to find a parking spot and wait in line to get in the door. The aisles were so crowded you could barely walk. I think guns are immune to normal economic principals. For example, the huge increases in the price of ammo is only leading people to buy it by the case load. Every time the price goes up, people buy it in larger quantities. Economics 101 tells us that an increase in price should lower demand not increase it.
 
Hmmm. The guys running my favorite local gun shop can't keep up with the demand. They say they've never, ever been busier. They do say that ammo sales are becoming problematic, tho. We've all seen that goin' on, haven't we? Like fuel, the price of ammo is starting to sting more than just a bit!
 
Gunshows are booming, buying and selling, and my local gunshops are saying things are coming in and moving out fast, only the perpetual dust-gatherers are still there. Yeah, there's people selling stuff for gas money, but there's also tons of people buying for the election, or bargain hunting because they're frugal enough not to be hurting from this economic crap.
 
recession??...with the GDP on the rise and every other product cost rising(has NOTHING to do with oil prices...everything was rising.....), with wages staying the same.......it is gross over inflation...NOT recession....
 
I will be selling more firearms than I'll be buying.

Whatever you want to call our economy, it's murder on my job prospects. I wish I had started working after finishing my bachelor's degree instead of doing a master's degree. With advanced degrees, my girlfriend and I seem to have priced ourselves out of the job market for the incredibly scarce junior- and mid-level jobs we need to get the 5 years of experience every employer seems to want. We're either too educated, not experienced enough, or didn't learn enough unforseeable job-specific skills while at school.

Here in Minnesota I have several un- and under-employed friends and relatives under 30, most of whom have a bachelor's degree. My blue-collar friends are doing better on average.

From my perspective, the educated young are America's unsung underclass. It'll change when you boomers start retiring, but it really sucks now.
 
I plan on buy more guns. Crime always goes up during a recession, so you need to protect yourself.
 
Yes, some things are more costly, I bought a new car just for the economy factor, don't drive my Dodge 4wd as often, have put less than 7000 miles on the 2 vehicles combined this year. Last gun show I went to last month was overwhelmed with patrons spending money and some drove 400 miles on fuel that cost $3.52 for regular. Guns magazine had an article analyzing ammo prices and ammo has not gone up as much as other consumables. I paid $0.78 a box for 22Lr in 1957. Its all relative, I don't have 4 wheelers or motorcycles or boats or riding lawnmowers and never have had. I fish from shore and hunt on foot and always have. I'm older than most of the members on the board and remember when we did not have electricity or telephone and we did not run to the doctor for a cold. The doctor was 15 miles away and might be out fishing or shooting himself. Life was different, not easier just different and I try to do my part in all of it. Thanks for the opportunity to RANT!!!!!!!!!!!!!!
 
I'm older than most of the members on the board and remember when we did not have electricity or telephone and we did not run to the doctor for a cold. The doctor was 15 miles away and might be out fishing or shooting himself.
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Uphill no matter which way you went too... ;)
 
I'm a newbie gun owner...(I've got my $$ ready for a wilson purchase next week) but I do know something about the economy.

Sure, gas prices are rising, food is rising and ammo is rising. We have to remember that compared to gas prices of the oil crisis 1970's, taking into account inflation, gas is still cheaper today than then. Also, the price of gas in terms of value hasn't changed, but in terms of dollars it has. I don't have the graph readily available, but in terms of gold, it has taken the same amount of gold (roughly) to purchase a gallon of gas 8 years ago as it does today. If anything, this shows that a fiat currency, which the gov't and politicians can fool around with ultimately hurts us. You do know why we have a fiat currency? So politicians can print more money and inflate our own money so they can spend-spend-spend. I don't see this recent stagflation period as being the end of the world or even as leading us toward a recession, but I do see this effecting American power and standing world wide unless our debt is paid down (what a looong road that will be) and getting our currency troubles under control. On the other hand, I'm waiting another year or so before I start buying up real estate investments...The time to buy is when the blood is running in the streets.
 
My local dealer is having a banner year.
Every gun show I attend in noticeably more crowded than a year ago.

I'm pleased to see that a number of members are well-read enough to know that "recession" is a quantifiable term, with an actual definition.

Less than pleased to see that others do not, and seem to believe whatever the MSM pumps out...

As for me, I'm focusing on buying reloading components.
 
The last two gun shows I worked in the Central Ohio area, foot traffic and buyers were down and people selling guns were up. If you have the money to buy guns, now is a good time to pick them up at lower prices.I'm not sure were the economy is going but I've lived in down times before so been there done that. Pay off your debts, work hard and be smart about how you conduct yourself and you will get through.Never hurts to have decent ammo supply too.;)
 
You buy when times get tight.....I'm looking to take advantage of gun owners who over extended themselves.
 
Hey coda welcome to THR.


Now back on track. Money is a little tighter. i went with my wife last night to do some grocery shopping. Prices have jumped way high. 2 loafs of bread for i think 3.50. This was our local market that has always been price friendly. We buy the basics. But are cutting down on the things we dont need. Same time with guns and ammo. There are things that i am still saving up for. But ammo wise. Im spending. Like for my 45 colt. Just got a month ago. With ammo at $45.99 for 50 bullets. Im reloading. So a new set of dyes was purchased. Alot more brass was purchased and a new mold. Its spending now. However when im making my own ammo. I know that im going to be saving more money than ever right now. Thank god i still have about 79lbs of hardcast lead. and about 50lbs of soft lead.
 
I have trimmed expenses somewhat. I don't believe we are in a recession. I have purposely been avoiding gunshows this year so far. It has nothing to do with any forward thinking as far as the national or state economy, it has to do with my own finances and tendancies. I have purchased three rifles so far this year; two new and one used.
 
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