CNN Gets It Right About Gun Buying Surges Following Mass Shootings
By Tom Knighton
CNN likes to think of itself as the most trusted name in news, but only if you take “trust” to mean “most laughed at.” However, they do occasionally get the story right. It takes a great deal of effort to get it wrong all the time, after all. This time, they especially deserve props for getting it right because they’re talking about guns.
In particular, a report regarding the alleged surge in gun sales following a mass shooting.
Despite conventional wisdom, gun sales do not always spike after mass shootings. In fact, as two economic researchers, we observed no spike in sales following this year’s two mass shootings — Las Vegas, the worst in modern US history, and Sutherland Springs, Texas, the fifth worst.
However, following the Sandy Hook school shooting in 2012, there was a significant spike in sales — 3 million additional guns sold from December 2012 to April 2013, according to our calculations based on FBI criminal background check data. And after the San Bernardino terrorist attack in 2015, there was also a spike — 1.7 million additional guns sold from December 2015 to February 2016.
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