Your Life is Worth $1 million Less than 5 Years Ago

The Associated Press reports:

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. … 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.

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In contrast the Bible reports:

Not even a sparrow, worth only half a penny, can fall to the ground without your Father knowing it. And the very hairs on your head are all numbered. So don’t be afraid; you are more valuable to him than a whole flock of sparrows. Matthew 10: 29-31

But my life is worth nothing unless I use it for doing the work assigned me by the Lord Jesus – the work of telling others the Good News about God’s wonderful kindness and love. Acts 20:24

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