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On Wednesday night, President Joe Biden put the image of wildlife in body armor on the heads of Americans, as he continued to make his case for gun control. He offered the following lines in his first speech to Congress:
“’Talk to most responsible gun owners and hunters; They will tell you that there is no justification for having a hundred bullets in a gun. Do you think deer wear kevlar vests? ”
The part about the deer and the DuPont DD, -0.04% known invention, had not been included in Biden’s prepared comments published by the White House.
Some viewers of the speech enjoyed the image – but others weren’t impressed: Biden earlier this month unveiled actions aimed at curbing firearm violence, including stricter rules for buyers of home-assembled “ghost weapons.” ; directing the Department of Justice to draft a policy on braces stabilizing handguns; model “red flag” legislation for states; funds for community-based violence interventions; and an annual report on firearms trafficking. “These kinds of sensible reforms have the overwhelming support of the American people, including many gun owners,” Biden said during Wednesday’s speech. “The country supports the reform and Congress must act.” Arms stocks have underperformed so far this year, with Sturm, Ruger & Co., RGR stocks, -3.67% up just 1% and Smith & Wesson Brands Inc. SWBI, -3 .03% less than 1% versus the S&P 500 SPX, -0.08% increase from 11%.