Become ungovernable
This effects everyone that only has Social Security as their retirement plan not to leave out Medicare. The cost of living raise is 2.5% this year and yet the prices of all the basic things any house needs have skyrocketed. If He chisels away at the programs there is no wiggle room for most people on it as it is.
They used to own tons, but sadly since the boating mishap, they’re all at scattered at the bottom of a really deep lake.
Who would have thought that bringing every single one of your legally purchased firearms onto a small boat to show them the world would be a bad idea?
Oh well, no need to look for them.
It’s just a joke about how people “don’t have any guns” because they lost them. Not stolen because they would have to report that. They’re somewhere unreachable that you technically COULD verify, but likely wouldn’t unless there’s a very specific (usually requiring a warrant to get people to move) reason.
So “boating accident” is to goto joke accident. Nobody would actually believe you if you said that to a cop, judge, or courtroom.
I'll be on 
BenFranklinsDick
Miles O'Brien
Monstrosity