As the debate on guns unfolds in the wake of the latest mass shootings, Congress needs to demand greater financial transparency from leading U.S. and European gun companies, including a more forthright accounting of the nature and scope of industry ties to the NRA.
. The most consequential factor behind this disparity is gun ownership, which is 150 times higher in the U.S. than Japan.Small Arms Surveyfor each person living in this country. While the percentage of gun-owning households has declined over time, many who own guns now are stockpiling them. The second-highest figure for private gun ownership comes from India, a country with four times the population of the United States, where there are an estimated 71 million guns in civilian hands.
8 million guns owned byThe greatest financial beneficiaries of this insatiable appetite for guns in the U.S. are those who manufacture them. Gunmakers have built an $8-billion- a year industry, and it continues to be one of the most opaque sectors in the U.S. economy. While the two largest U.S.
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