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Will legislators ever learn? In the wake of Colorado’s strict new gun laws, gun manufacturers are, understandably, fleeing the state. When will they learn that excessive regulations create such hostile business climates that only succeed in hurting local economies?
The first company to announce their departure from Colorado was Magpul, a manufacturer of high-capacity magazines. This company employed about 200 people and supported 400 more jobs in the supply chain. That is 600 jobs which will be moving to a more business friendly state.
Now, another company is following suit. HiViz, a company which makes accessories such as sights and recoil pads, has now announced that they are leaving the state as well. CEO Phillip Howe said "Colorado is a beautiful state with great people, but we cannot in clear conscience support with our taxes a state that has proven through recent legislation a willingness to infringe upon the constitutional rights of our customer base." Nor should they.
HiViz said that most employees will come with them, but they have not yet disclosed the number of employees or what their destination will be, only that they are in discussions with a neighboring state. Both HiViz and Magpul are actively being wooed by many states who understand what this could mean for their local economy.
The government needs to understand, at every level, that tyranny will not be tolerated, and that there are consequences to government overreach. In a weak economy like ours, every job counts. Companies and individuals are forced to vote with their feet in order to survive. It's unfortunate that Colorado legislators have chosen big government policies that force businesses and families out while inviting tyranny in.