The Fear-Based Market

This story, published on the front page of yesterday’s Wall Street Journal, delivers good news, of sorts.

Gun sales in the U.S. have slowed during the Trump era, hence the “Trump slump.” Gun makers attribute this phenomenon to the fact that buyers no longer fear gun control, so are not motivated to stock up on AR-15 semiautomatic rifles, for example.

The opposite is then true: pro gun control governments spark more gun sales — once again confirming that adults forever remain children, violently insisting on doing what they are told they cannot do.