The Most Enjoyable Graph of 2018, by Dan Mitchell. Gun ownership is increasing in the US, despite the efforts of the political class. Or should that be “because of”?
The reason the chart is so enjoyable is that it nicely captures Obama’s total failure to impose gun control. Heck, he didn’t just fail to change policy, he actually wound up being the best thing that ever happened to gun manufacturers. And I confess that makes me feel warm and fuzzy.
For balance, here is an unhappy graph about the same country:
Lobbying is generally the best use of corporate dollars — because the political system is corrupt.
Ugh, what a dismal observation on the state of our economy. Companies are almost making as much money from manipulating Washington as they earn from serving consumers. Heck, just consider the way politically connected financial institutions tilt the playing field for unearned goodies. …
What an awful cycle. Government gets bigger and more powerful, which lures companies into viewing Washington as a profit center, which then leads to more policies that expand the size and power of the federal government, which leads to further opportunities for rent-seeking behavior. Lather, rinse, repeat.