Well, it seems that government always puts a value on human life ( that's a nice thought ) and right now they have decided to list a sale-price for each of us.
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.
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.
Consider, for example, a hypothetical regulation that costs $18 billion to enforce but will prevent 2,500 deaths. At $7.8 million per person (the old figure), the lifesaving benefits outweigh the costs. But at $6.9 million per person, the rule costs more than the lives it saves, so it may not be adopted.
The data isn't compiled like insurance agencies formulate their costs from.
I think this scene from Fight Club pretty much sums up how the value of human life is determined in relation to 'government regulations':