Safety at what cost?
The NHTSA is thinking about regulating backup cameras for all cars by 2014 They say that the new cameras could save 100 or more off the 300 people killed a year in "back-over" accidents. The cost? $1.9 to $2.7 billion dollars a year. Billion. That means saving each life costs between $17 million and $27 million dollars. The very best case scenario, by the government's own estimates, is that 300 people are saved for $1.9 billion. Which means each life saved would cost $6.3 million. Does that make any sense? I'm sorry, but no. Realistically spending $20 million per person saved just does not make any sense. Maybe in 100 years, when all other threats are dealt with, this legislation would make sense. Right now, this is completely ridiculous. There are so many better things that the world should be spending its money on, that would actually contribute in a meaningful way. In case you have not noticed, this is just one in a string of new 'safety' regulations which ...