Americans, is it a bad idea to make it compulsory to obtain a license to own a firearm?

As an outsider looking in, I think this might be an effective way of reducing gun violence. I don't see it as being unconstitutional because the right to bear arms is still there. Everyone would have the right to apply for a licence and even though licencing authorities could reject applications where there is reasonable concern that an individual is unsuitable to own a firearm due to something like documented violent behaviour just as an example, everyone would still start with a clean slate. What I am suggesting is simply a reinterpretation of the constitution and not an outright violation of it.

Of course, people would find ways around this by obtaining guns illegally but there should be harsh penalties for doing so. The pressure of the threat of incarceration combined with an increased difficulty to obtain firearms should result in reduced fatalities as a result of shooting. Due to the new laws needed to make possession of firearms without a licence illegal, what you could call "gun related crime" could potentially see a temporary increase. This should be expected but it should also be expected to subside to lower levels than before the laws were enforced over time.

I also see economic benefits to this and it fits with American capitalist ideals. Business opportunities and jobs involving training, testing and awarding licences would be created. All jobs which didn't previously exist. Your thoughts?
Americans, is it a bad idea to make it compulsory to obtain a license to own a firearm?
Yes that is a bad idea
No, that is a reasonable idea
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Just to be clear, if I lived in America, I would own a gun. So many people have them, that it would seem just as practical as having your keys and your wallet with you. However, the kind of people who have the guns concern me and that's why I think it should be harder to get them.
Americans, is it a bad idea to make it compulsory to obtain a license to own a firearm?
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