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Jeff Higgins Jeff Higgins is online now
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Join Date: Mar 2004
Location: Higgs Field
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True; it just seems this one is much larger than the Clinton era panic. I seem to recall many small manufacturers going under back then, along with the larger ones laying off a substantial portion of their workforce. I wonder how much worse it would have had to have gotten to have left a permanent impact. I hope we don't find out this time.

And yes, I agree it could have been worse for the industry if everyone had inspanned and quit buying. Had McSame been elected, this probably would have been their fate. No reason to panic, no reason to buy - gun industry goes into recession along with the rest of the economy.

I guess we will never know which would have been worse - a post-McCain yawn or the post-Obama panic. I think the panic; it definitely forestalled their turn in the recession, but I think it will make their turn very much deeper, very much longer, and very much more damaging. I know they will survive; it's just a matter of at what capacity.
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Jeff
'72 911T 3.0 MFI
'93 Ducati 900 Super Sport
"God invented whiskey so the Irish wouldn't rule the world"
Old 09-24-2009, 07:30 AM
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