Your Life is Worth $1 Million Less Than It Was 5 Years Ago

[jeffrey]

...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...

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

When drawing up regulations, government agencies put a value on human life and then weigh the costs versus the lifesaving benefits of a proposed rule. The less a life is worth to the government, the less the need for a regulation, such as tighter restrictions on pollution...

ABC News: The Life of an American Loses Value

[sweeps]

Not to mention the value of the dollar is way down from 5 years ago. So that makes it even worse.