tryreading said:
Now, do you realize you have omitted the rest of the equation? Take the $2.16 million from the North Carolina study spent in 1993, plug that into an investment calculator, and you can determine what that money would be worth today. The yearly incarceration costs, when totaled, will be a small fraction of the total value of the $2.16 million invested.
If you plug the death penalty costs into your 45 year plan, as an invested amount, you'll be amazed at the projected total.
$2,912,445.24 to execute someone 2005
This one goes further than 2005.
.
http://www.halfhill.com/inflation.html
So if I stick your behind bars for 45 years lets see what the gradual cost would be verse executing convicting you right now and executing you in ten years.
$40,000 for the year 2005 to house one inmate
$40,800.00 for the year 2006
$41,697.60 for the year 2007
$42,614.94 for the year 2008
$43,552.47 for the year 2009
$44,510.63 for the year 2010
$45,489.86 for the year 2011
$46,490.64 for the year 2012
$47,513.43 for the year 2013
$48,558.73 for the year 2014
$49,627.02 for the year 2015
$51,115.83 for the year 2016
$52,649.30 for the year 2017
$54,228.78 for the year 2018
$55,855.65 for the year 2019
$57,531.32 for the year 2020
$59,257.26 for the year 2021
$61,034.97 for the year 2022
$62,866.02 for the year 2023
$64,752.00 for the year 2024
$66,694.56 for the year 2025
$68,695.40 for the year 2026
$70,756.26 for the year 2027
$72,878.95 for the year 2028
$75,065.32 for the year 2029
$77,317.28 for the year 2030
$79,636.80 for the year 2031
$82,025.90 for the year 2032
$84,486.68 for the year 2033
$87,021.28 for the year 2034
$89,631.92 for the year 2035
$92,320.88 for the year 2036
$95,090.50 for the year 2037
$97,943.22 for the year 2038
$100,881.52 for the year 2039
$103,907.96 for the year 2040
$107,025.20 for the year 2041
$110,235.96 for the year 2042
$113,543.03 for the year 2043
$116,949.33 for the year 2044
$120,457.81 for the year 2045
$124,071.54 for the year 2046
$127,793.69 for the year 2047
$131,627.50 for the year 2048
$135,576.32 for the year 2049
$139,643.61 for the year 2050
$3503074.70 rough estimate for total cost between 2005 and 2050 for housing a lifer.
______________________________
$2.16 million for 1993
$2,912,445.24 for 2005
$3,613,399.68 for 2015
$3,613,399.68 if you sentence to death today and execute ten years from now.