Americans may be fleeing from stocks in droves, but they sure aren’t shy about rotating the resulting meager liquidation proceeds into weaponry. According to Gallup, “Forty-seven percent of American adults currently report that they have a gun in their home or elsewhere on their property. This is up from 41% a year ago and is the highest Gallup has recorded since 1993, albeit marginally above the 44% and 45% highs seen during that period.” Considering the social situation “out there”, and the fact that the world is one badly phrased or translated headline away from a complete HFT-facilitated market collapse, this is hardly all that suprising.
The new result comes from Gallup’s Oct. 6-9 Crime poll, which also finds public support for personal gun rights at a high-water mark. Given this, the latest increase in self-reported gun ownership could reflect a change in Americans’ comfort with publicly stating that they have a gun as much as it reflects a real uptick in gun ownership.
Not surprisingly, republicans pack more heat than democrats. Perhaps it is best not to piss too many off…
Republicans (including independents who lean Republican) are more likely than Democrats (including Democratic leaners) to say they have a gun in their household: 55% to 40%. While sizable, this partisan gap is narrower than that seen in recent years, as Democrats’ self-reported gun ownership spiked to 40% this year.