The Environmental Protection Agency values a human life at $9.1 million. They valued a human life at $6.8 million during the Bush administration. The Food and Drug Administration values a human life at $7.9 million, which increased from $5 million in 2008.
The idea behind the values is to determine value in relation to death caused by products like cigarettes, vehicular accidents, and cancers. The objective is good, but some people are disgusted with the method used to decide efficiency of things. They feel it’s degrading to put a price on a human life. That’s how our government does things, though!