For advocates of greater gun-control measures, the buildup to Tuesday’s announcement by President Obama of a series of administrative measures designed to prevent gun violence, including expanded background checks for gun sales, wasn’t promising. In a New York Times report that previewed the new policy moves, an official from the National Rifle Association was quoted as saying, “This is it, really? This is what they have been hyping for how long now?” On Wall Street, stock prices for gun manufacturers, such as Smith & Wesson, rose, evidently reflecting a belief that the new policies wouldn’t hurt sales, and might even boost them.
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Published on January 05, 2016 14:52