PoliticalChic
Diamond Member
1.Before illustrating where Democrat government really values life, let’s begin with a baseline figure:
“Putting a Dollar Value on Life? Governments Already Do
In his book The Economists’ Hour, Binyamin Appelbaum of The New York Times documents how estimates of the economic value of life have influenced regulatory decisions since the 1970s. In 1972, a member of a Nixon administration task force on regulating the auto industry put a life’s worth at $885,000 in today’s dollars.
Two years later, using a similar figure, the Department of Transportation rejected a regulation to install bars at the rear of trucks to prevent passenger vehicles from sliding underneath them in a collision. The reasoning? It would not have been cost effective, meaning the cost would have exceeded the value of lives it would have saved. The bars became required in 1998 when the Department of Transportation’s value of a life reached $2.5 million.
Today, the commission uses a figure of $8.7 million. Other U.S. departments’ and agencies’ values differ somewhat. The Environmental Protection Agency uses $7.4 million.
The Department of Transportation (which includes the Federal Aviation Administration) uses $9.6 million.”
Putting a Dollar Value on Life? Governments Already Do
2. But….if the Democrat see a political angle to a death….and they can use your money to pay for that political advantage….
“George Floyd’s family to receive record $27 million in settlement approved by Minneapolis City Council”
3. And nowhere in the calculation do we see any culpability of the deceased, or the costs of this:
“Putting a Dollar Value on Life? Governments Already Do
In his book The Economists’ Hour, Binyamin Appelbaum of The New York Times documents how estimates of the economic value of life have influenced regulatory decisions since the 1970s. In 1972, a member of a Nixon administration task force on regulating the auto industry put a life’s worth at $885,000 in today’s dollars.
Two years later, using a similar figure, the Department of Transportation rejected a regulation to install bars at the rear of trucks to prevent passenger vehicles from sliding underneath them in a collision. The reasoning? It would not have been cost effective, meaning the cost would have exceeded the value of lives it would have saved. The bars became required in 1998 when the Department of Transportation’s value of a life reached $2.5 million.
Today, the commission uses a figure of $8.7 million. Other U.S. departments’ and agencies’ values differ somewhat. The Environmental Protection Agency uses $7.4 million.
The Department of Transportation (which includes the Federal Aviation Administration) uses $9.6 million.”
Putting a Dollar Value on Life? Governments Already Do
2. But….if the Democrat see a political angle to a death….and they can use your money to pay for that political advantage….
“George Floyd’s family to receive record $27 million in settlement approved by Minneapolis City Council”
3. And nowhere in the calculation do we see any culpability of the deceased, or the costs of this: