Attention politicians: why not lower our taxes and reduce our deficit by trying to reduce the astronomical cost of motor vehicle crashes?
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According to figures from the Texas Transportation Institute, in 2010 the national cost was a whopping $299.5 billion. And this does not begin to mention the 32,885 lives lost or 1,546,000 of people injured.The annual cost per person in the U.S. was $1,522.00.
Yet people always seem to focus on how slow traffic moves. The study pointed out that the cost of traffic congestion was $97.7 billion.
And as the Dallas/Fort Worth area continues to grow exponentially, the study found that as the size of a city increased,the crash expenses did as well.