Cost-benefit analysis
Bush administration devalues life. EPA regulations no longer necessary
Submitted by jrjacobs on Tue, 2008-07-15 20:27.No this isn't a news item from The Onion! It's Stephen Colbert's latest Wørd segment. In it, Colbert finds much to celebrate that our individual monetary value (IMV) as derived by government actuaries has declined by almost a million dollars -- a 12% drop in five years. And Colbert rightly points out that with IMV dropping, the cost of environmental regulations is higher than their benefits which causes IMV to drop even more in a "circle of life -- minus the life!"
If the video doesn't load here, you can also get it over at Crooks and Liars!
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