Pentagon Stiffs Families of Dead and Wounded Vets
- by Sherwood Ross, OpEdNews, PA
Juries frequently award much higher amounts in wrongful civilian death lawsuits, including one recent award for $269 million.Using the economists’ “value of statistical life” measure, of $7.2 million for an employee killed in a workplace or environmental accident, the “hidden cost” to the public given 4,300 U.S. deaths in Iraq and Afghanistan exceeds $30 billion, the authors write.
And the $7.2 million yardstick is short, too, because in many cases “those killed in Iraq were young men and women in peak physical condition, at the beginning of their working lives. The true economic loss from their deaths could be much higher,” Stiglitz and Bilmes say.