How can there be record gun sales without a change in the ‘300 Million guns’ factoid?

The past few years have seen the pithy little factoid ‘300 Million guns’ being bandied about with little regard to its accuracy. One cannot have a record number of anything flowing into the marketplace without a change in it’s quantity. This would be akin to a dozens fire hoses filling up a swimming pool without a change in the water level. The weaponsman ran the numbers and came up with better estimate of 412-660 Million.

 There are certain factoids that tend to be tossed out without any thought to their logic or accuracy. When it comes to certain subject matter, many journalists would rather parrot these ‘facts’ instead of taking the time to research their source or even their accuracy. The ‘300 Million guns’ is one such factoid, but then again the gun grabbers have never been sticklers for accuracy, what with Terry McAuliffe (D.) making the claim that that the United States loses "93 million Americans a day to gun violence."

The weaponsman took a hard look at the issue and ran the numbers:
We believe that the correct number is much higher — somewhere between 412 and 660 million. You may wonder how we came to that number, so buckle up (and cringe, if you’re a math-phobe, although it never gets too theoretical): unlike most of the academics and reporters we linked above, we’re going to use publicly available data, and show our work.

What if we told you that one ATF computer system logged, by serial number, 252,000,000 unique firearms, and represented only those firearms manufactured, imported or sold by a relatively small number of the nation’s tens of thousands of Federal Firearms Licensees?

Bearing arms looked this issue as well and has the best internet meme on the subject:


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