Top 7 Negative Economic Effects of Colorado Gun Control
During Colorado’s 2012-2013 General Assembly legislative session, multiple restrictive gun control measures were passed and signed into law. The legislation package, which was backed by the liberal Bloomberg group Mayors Against Illegal Guns (MAIG), is set to take effect on July 1 and includes 15 round limits on magazines, expanded background checks, firearm exchange regulation, and other new red tape implementation.
MAIG has taken the lead in the advance of gun control legislation in Colorado and across the nation, while Mayor Bloomberg has personally donated large sums to organizations that defend embattled Colorado State senators, Giron and Morse.
According to the New Hampshire Union Leader, MAIG recently went so far as to claim Tamerlan Tsarnaev, one of the terrorists involved with the Boston Marathon attack, was a victim of gun violence.
Meanwhile, Colorado now faces a variety of negative economic impacts as a result of the legislation supported by MAIG, passed by the Colorado legislature, and signed into law by Colorado Governor John Hickenlooper.
1. Magpul Leaves Colorado
2. Canceled Shooting Sport Competitions
3. Colorado Hunting Boycott
4. Black Market Trading
5. Wasted Government Time and Resources
- The new gun legislation will impose new burdens upon law enforcement, limiting their time and resources, especially if officers are forced to take extreme measures to stop black market trading like California. Also, the legislative battle over gun legislation prevents the Colorado government from focusing on other issues that could be important to the well being of the state.
6. Uncertainty Unbalances the Firearms Market
7. Red Tape Kills Investment