I don’t know of a good summary of the small arms ammunition shortage that has accompanied most of Obama’s presidency, but in my own experience ammunition became hard to find shortly after President Obama took office. Things started to get back to normal in the run up to the 2012 election, and then got really bad again after the Sandy Hook shooting in December of 2012.
A January 13, 2013 comment by an irate customer (James) at online ammunition retailer Lucky Gunner captures how high prices went as well as the reason we had something so rare as a shortage in our capitalist economy:
Lucky Gunner customers like myself will remember this when the dust settles, and things are back in stock… 1.05 for.223?
The comment was left on the page for PMC Bronze .223 practice ammunition, which Lucky Gunner is now selling for 38 cents a round. Per the…
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