2008-07-11

musingaloud: (Default)
2008-07-11 12:45 pm

In case you wondered what your life was worth...

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.

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. 

I'm speechless.  The article has appeared everywhere, but in case you've missed it, here's an online source.  The Denver Post.