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I agree 30,000+ deaths is a high price. A NTHSA study states it has direct economic cost of $277 billion / year. Indirect cost of another $600 billion+. Put
by pcurve 11y ago
I agree 30,000+ deaths is a high price.
A NTHSA study states it has direct economic cost of $277 billion / year. Indirect cost of another $600 billion+.
Put it another way, car crashes is also a big business.
It's big business for hospitals, insurance, body shops, and lawyers.
As for the economics of car ownership, if almost everybody had to own a car or two, then people's average salaries would simply rise. If nobody owned a car, then salaries would job. The savings don't go into pockets of employees.