Interesting gun ownership numbers

Status
Not open for further replies.
You didn't see any bias after you read this?
$229 billion


The cost of fatal and non-fatal gun violence to the U.S. in 2012, representing 1.4% of total gross domestic product.(Mother Jones)
Love to see where that number came from. Oh it's Mother Jones, a unimpeachable source :rolleyes:
 
42.9 billion

Estimated overall economic impact of the firearms and ammo industry in the U.S. (NSSF)

That's a low number to, you could add the majority of hunting industry dollars as well, as most hunting is done with guns and that's tens of millions of dollars.
 
You didn't see any bias after you read this?

Love to see where that number came from. Oh it's Mother Jones, a unimpeachable source :rolleyes:
Just because it's from Mother Jones (or any other politically biased source, such as Fox News) doesn't automatically make it wrong. I would ask the question where did the source get that information and what methodology was used to derive those conclusions.
 
jim in Anchorage said:
You didn't see any bias after you read this?
$229 billion


The cost of fatal and non-fatal gun violence to the U.S. in 2012, representing 1.4% of total gross domestic product.(Mother Jones)
Love to see where that number came from. Oh it's Mother Jones, a unimpeachable source :rolleyes:
That does seem high.

According to this 2014 article in USA TODAY the annual economic cost of auto crashes is $277 billion, and the total annual cost, economic and societal, is $871 billion.
 
Re the costs of GSWs:
Probably factoring hospital billings. If so, I'd like to know if it's based on actual billings or actual reimbursements based on fee schedules. My inpatient and outpatient billings are roughly twice that which I actually get reimbursed.
 
That does seem high.

According to this 2014 article in USA TODAY the annual economic cost of auto crashes is $277 billion, and the total annual cost, economic and societal, is $871 billion.


If one looks at how the amount was tallied, it becomes a tad more believable.....from the link from the OP.

Direct costs account for $8.6 billion—including long-term prison costs for people who commit assault and homicide using guns, which at $5.2 billion a year is the largest direct expense.

Indirect costs amount to at least $221 billion, about $169 billion of which comes from what researchers consider to be the impact on victims' quality of life. Victims' lost wages, which account for $49 billion annually, are the other major factor. Miller's calculation for indirect costs, based on jury awards, values the average "statistical life" harmed by gun violence at about $6.2 million. That's toward the lower end of the range for this analytical method, which is used widely by industry and government. (The EPA, for example, currently values a statistical life at $7.9 million, and the DOT uses $9.2 million.)
 
Status
Not open for further replies.
Back
Top