An American Life Worth Less Today

An American Life Worth Less Today

www.examiner.com

WASHINGTON (Map, News) - 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.

The Associated Press discovered the change after a review of cost-benefit analyses over more than a dozen years.

Though it may seem like a harmless bureaucratic recalculation, the devaluation has real consequences.

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Ever wonder how the government estimates the value of your life? According to the EPA, the cost of some regulations would be more than an American life is worth, and the value of that life has declined in recent years. It's disturbing to know that the government puts any price tag on a human life.

www.examiner.com
(visit the link for the full news article)

[edit on 10-7-2008 by Sestias]