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To: JoeGar
The salient points, wherever you read it, are that lawsuits and the fear of lawsuits cost this country $865 billion per year, equivalent to a "tort tax" of $9,827 on a family of four.
This compares to the total annual output of all 6 New England states - as if that were a meaningful number.

This cost is made up of a combination of direct costs -
money taken from the pockets of producers, and put into the pockets of leeches lawyers;
and indirect costs, non-productive actions people take to protect against the chance of baseless lawsuits, like unnecessary extra diagnostic procedures in a doctor's office.

6 posted on 03/29/2007 7:08:55 AM PDT by Redbob
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To: Redbob

Does that figure include the costs of liability insurance, such as property, auto and malpractice insurance? If so it may be overstating things a bit.


9 posted on 03/29/2007 7:39:29 AM PDT by waverna
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