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According to the AP:
WASHINGTON—It's not just the American dollar that's losing value. A government agency has decided that an American life isn't worth what it used to be.
WASHINGTON—It's not just the American dollar that's losing value. A government agency has decided that an American life isn't worth what it used to be.
The "value of a statistical life" is $6.9 million in today's dollars, the Environmental Protection Agency reckoned in May—a drop of nearly $1 million from just five years ago.
Wow. So who knew? My life is worth $6.9 million? I guess it should come as no surprise that a government agency would be putting a value on our lives in order to de-humanize -- errr, excuse me: calculate whether or not we're worth a proposed rule on their part. In other words, if it costs them too much money to enforce a regulation, and the cost isn't borne out buy the value of lives saved, the said regulation may not happen.
