Thursday, April 21, 2016

Will President Obama Regulate Guns Out Of Existence?

President Obama wants to put gun dealers out of business.
When he was a state senator in Illinois, he supported a ban on the sale of handguns and all semi-automatic guns as well as a ban on selling guns within five miles of a school or a park. While the president obviously can’t just ban them, he can use regulations to make their lives more difficult.
For some dealers it may be a slow death of a thousand regulatory cuts.
Obama never does any serious cost-benefit analysis – he just points to possible benefits while ignoring any costs. We see this in his plans for expanded background checks on private transfers or his efforts to deny guns to the elderly who get help with their finances.
Obama is also using executive actions to place even more reporting requirements on the backs of Federal Firearms License dealers. His administration is finalizing a new rule. Obama claims, “We’re going to require firearms dealers to report more lost or stolen guns on a timely basis.” But this is false. Dealers already have to report lost or stolen guns within 48 hours.
Read the rest of this IBD editorial HERE.

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