Why were loyalists opposed to independence?

The Loyalists hoped that a peaceful reconciliation with British government was possible

Explanation:

Most Loyalists who opposed independence tended to be wealthy landowners, clergymen, or people with business or political ties to Britain. Many Loyalists agreed that the American colonists had suffered at the hands of the British

one of the negative side effects were the economic losses the events of september 11th caused. many, many people lost their jobs as a result of a downturn in the economy after the terrorist attacks.