2008-07-10 American Life Worth Less Today

Specs

Date:	2008-07-10
Link:	http://www.huffingtonpost.com/2008/07/10/american-life-worth-less_n_112030.html
Source:
Topics:	value of human life Associated Press
Categories:	value of human life Associated Press

American Life Worth Less Today: AP

“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.” It sounds like this figure is only used internally, not published, and has to be essentially "reverse-engineered" based on analysis of decisions the government makes.