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How to value life? EPA devalues its estimate

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posted on Jul, 10 2008 @ 08:10 PM
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How to value life? EPA devalues its estimate


www.msnbc.msn.com

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.

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

(visit the link for the full news article)




posted on Jul, 10 2008 @ 08:10 PM
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This is more evidence of this administration showing its contempt for the American People. Notice the graph on the page showing how this value began dropping in 2000.....weird.

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



posted on Jul, 11 2008 @ 12:18 PM
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Actually, I posted this story shortly before you, but I want to give you a response because the situation calls for it. The idea is chilling. Even though a life is calculated in the millions, they're saying that if only a few hundred people are going to be negatively impacted by something then it's not worth the government's money to do anything about it. I'm reminded of Love Canal and Three Mile Island and Fernald and other toxic waste sites the government was slow to respond to or reluctant to clean up.

I think a human life is beyond dollars.



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