Pricey Policy

By Econ70 | 09/26/2013
A blue banner with the words north star synergy written in white.

To save lives, Congress requires all new cars and trucks to have backup warning systems to prevent the killing or injuring of pedestrians while driving in reverse. If installing a camera (the cheapest solution) costs $75/vehicle, the cost/life saved is $65 million!! It’s so expensive because all 250 million cars will need a camera before…

Read More