Today We Are Worth Less

You and I are worth less today than we were a month ago. Not to each other. Not to our customers. We're worth less to the government.

Our value as citizens has declined $900,000 from $7.8M to $6.9M. How could that be and who decided we were worth $7.8M to start with? I don't know. I only know what it means.

When the government plans pollution control laws it divides the cost of the regulation by the value of a person. Then we know the number of people it saves and can determine if it's worth it or not.

For example, in order to save 5000 people from harm including death, the EPA proposes a regulation that turns out to cost $35B. Is it worth it? No because that would be $7M per person and we are only worth $6.9M. Last month we would have been covered.

I understand the inherent dislike of regulation by business owners. Sheesh do we have to save the world?! Still I wonder about those 5000 people who would have been protected by EPA. Hope the industry being regulated is far away from me.