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Miigwech

(3,741 posts)
Fri Mar 15, 2019, 06:25 PM Mar 2019

Create law that gun manufactures pay into a fund that pays for gun violence victims

... just like the cigarette companies. Hey, RW gun owners, this could be a good thing. Maybe our National Economy would not suffer the losses .... not to mention the cost of Law enforcement, health insurance or the lack of such.

Following the shooting in Las Vegas that left 59 dead and hundreds wounded, CBS Moneywatch’s Aimee Picchi wrote that, “gun violence in the U.S. also has an enormous financial cost, rippling through the economy in the form of lost wages, medical bills, higher taxes for law enforcement and lower property values, among other factors. Some estimates put the total annual tab of shootings at well over $100 billion, while others put it even higher.”


https://www.washingtonpost.com/news/get-there/wp/2018/02/22/the-enormous-economic-cost-of-gun-violence/?noredirect=on&utm_term=.cde1e42a5890
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Create law that gun manufactures pay into a fund that pays for gun violence victims (Original Post) Miigwech Mar 2019 OP
Blanket Immunity for Gun Manufacturers Must Go! dlk Mar 2019 #1
"Keep your guns ... pay to protect" Miigwech Mar 2019 #4
Great law. There goes ALL WhiteTara Mar 2019 #2
I made that suggestion awhile ago in another post. hardluck Mar 2019 #3
I've been thinking for awhile that victims of random gun violence Crunchy Frog Mar 2019 #5
gun owners too scarytomcat Mar 2019 #6

dlk

(11,537 posts)
1. Blanket Immunity for Gun Manufacturers Must Go!
Fri Mar 15, 2019, 06:34 PM
Mar 2019

It is the epitome of corruption for gun manufacturers to be the only industry that receives blanket immunity from any product liability. (Thank You George Bush.) It’s time for their immunity to be rescinded

hardluck

(638 posts)
3. I made that suggestion awhile ago in another post.
Fri Mar 15, 2019, 06:45 PM
Mar 2019

One of the issues with an insurance scheme that people typically bring up is that you cannot insure a intentional act, as it is typically uninsurable as a matter of public policy. Typically there are insurance statutes forbidding such insurance because insuring intentional acts creates a moral hazard, i.e, by insuring such an action, you are actually incentivizing the illegal act.

To avoid the moral hazard, you could, as you suggest, set up a victim compensation plan, similar to the vaccine compensation courts, which would provide restitution to victims of intentional shootings. It could be funded by a small tax on ammunition or something similar. It would have to have exceptions for victims that were engaged in illegal conduct at the time of their shooting to avoid public outrage of a criminal victim receiving a payout but I think it would avoid the issues that an insurance scheme has built into it.

Crunchy Frog

(26,579 posts)
5. I've been thinking for awhile that victims of random gun violence
Fri Mar 15, 2019, 07:24 PM
Mar 2019

Should be issued a medical card that would cover ALL expenses related to the injury, from ANY provider, including mental health. This coverage would last, if necessary, for the rest of the victim's life.

If our society is going to insist on saturating itself with unregulated firearms, then this is the least we can do for innocent bystanders who get caught up in the insanity through no fault of their own.

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