NEW YORK ( TheStreet) -- With the Senate likely to vote on a bipartisan bill to toughen federal gun controls, Americans should remember the effectiveness of government regulations has limits. Ultimately, new laws will give Americans a false sense of security and further delay efforts to address cultural dysfunctions that give rise to so much violence.

The Senate bill would require universal background checks, comprehensive federal regulations for gun transactions and tighter school security.

With millions of guns in circulation, background checks for owners and federal surveillance of every single sale -- by a dealer or private individual -- won't keep guns out of the hands of deranged individuals.

Too often, the children and other acquaintances of perfectly sane gun owners can get their hands on weapons and instigate hideous events.

Locks don't stop thieves -- they just slow them down. Individuals bent on getting their hands on a gun, will -- unless the federal government can find a constitutional way to make most guns illegal, and that is not going to happen. The Senate bill and much of the legislation proposed or recently passed in more progressive states like New York can't change that.

A hard reality advocates of strict gun controls won't address is that semi-automatic rifles of the type used in Newton and other tragedies are necessary for the protection of law-abiding adults in rural areas and many other locations. A handgun is not much use when confronted by multiple armed intruders at 2 a.m., and a police response -- even triggered by a home security system--is 20 minutes to an hour away. Only a weapon that can fire multiple rounds quickly will suffice.

Absolutely limiting the size of ammunition magazines would help, but if a deranged person can steal an semi-automatic weapon, he can surely manage to get his hands on one of the many large magazines that will remain in circulation or will be manufactured illegally. They're just not that difficult to make.

Labeling folks receiving mental health care a danger to society, for the purposes of gun transactions, tramples all kinds of constitutional privacy protections. Even if authorities could get mental health professionals to fully cooperate, which is doubtful, the overzealous application of "danger to public safety" designations would pin scarlet letters on otherwise harmless citizens.

With employers using sophisticated background checks to screen potential new hires, innocent citizens seeking help with emotional problems -- ranging from mothers fearful of fathers snatching children in custody disputes to disaffected employees expressing angst about their boss -- could be designated a danger and locked out of the job market.

Similarly, regulating the violence promoted by video games and some television programs runs smack into free speech protections.

Obsession with electronic diversions by children and young adults is symptomatic of more basic problems. Too many young people are simply riveted to keyboards and screens, because we build schools and communities that impose obstacles to healthy physical recreation that occupied youth in generations past -- after-school baseball has been replaced by after-school video violence, and parents in two career families are too absorbed and stressed to adequately supervise and steer children into healthier activities.

Making schools safer sounds great but unless we want to arm our teachers with semi-automatic weapons or turn our schools into walled fortresses -- akin to prisons -- schools will remain porous, and new security will raise education costs much more than accomplishing greater safety against threatening intruders.

President Obama, Sens. Chuck Schumer (D., N.Y.) and John McCain (R., Ariz.) and many others in public life will likely herald the passage of a new federal gun law as great progress. Americans, who too often confuse bustle with thought, and movement with progress, will take great comfort until the next tragedy takes its toll.

Professor Peter Morici, of the Robert H. Smith School of Business at the University of Maryland, is a recognized expert on economic policy and international economics. Prior to joining the university, he served as director of the Office of Economics at the U.S. International Trade Commission. He is the author of 18 books and monographs and has published widely in leading public policy and business journals, including the Harvard Business Review and Foreign Policy. Morici has lectured and offered executive programs at more than 100 institutions, including Columbia University, the Harvard Business School and Oxford University. His views are frequently featured on CNN, CBS, BBC, FOX, ABC, CNBC, NPR, NPB and national broadcast networks around the world.