WASHINGTON, DC—A report released Monday by the Federal Consumer Quality-Of-Life Control Board indicates that the cost of living now outstrips life's benefits for many Americans.HT: FT Alphaville
"This is sobering news," said study director Jack Farness. "For the first time, we have statistical evidence of what we've suspected for the past 40 years: Life really isn't worth living."
To arrive at their conclusions, study directors first identified the average yearly costs and benefits of life.
Tangible benefits such as median income ($43,000) were weighed against such tangible costs as home-ownership ($18,000). Next, scientists assigned a financial value to intangibles such as finding inner peace ($15,000), establishing emotional closeness with family members ($3,000), and brief moments of joy ($5 each). Taken together, the study results indicate that "it is unwise to go on living."...MORE
Wednesday, February 29, 2012
Cost Of Living Now Outweighs Benefits