Economic Analysis for a Social Dilemma

The Difference Between Liberals, Conservatives and
Southern Conservatives

Question: You\'re walking down a deserted street with your wife and two small children. Suddenly, a dangerous
looking man with a huge knife comes around the corner, locks eyes with you, screams obscenities, raises the knife, and charges. You are carrying a .45 Auto and you are an expert shot. You have mere seconds before he reaches you and your family.

What do you do?

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The Liberal Answer:

Well, that\'s not enough information to answer the question!
Does the man look poor or oppressed?
Have I ever done anything to him that would inspire him to attack?
Could we run away?
What does my wife think?
What about the kids?
Could I possibly swing the gun like a club and knock the knife out of his hand?
What does the law say about this situation?
Does the Glock have an appropriate safety built into it?
Why am I carrying a loaded gun and what kind of message does this send to society and my children?
Is it possible he\'d be happy with just killing me?
Does he definitely want to kill me or would he just be content to wound me?
If I were to grab his knees and hold on, could my family get away while he was stabbing me?
This is all so confusing! I need to debate this with some friends for a few days to try to come to a conclusion.
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Conservative Answer:

BLAM!
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Southern Conservative Answer:

BLAM! BLAM! BLAM! BLAM! BLAM! BLAM! BLAM! BLAM!
Click...
(Sounds of reloading).
Wife: \"Sweetheart, he looks like he\'s still moving, what do you kids think?\"
Son: \"Mom 's right, Dad, I saw it too... \"
BLAM! BLAM! BLAM! BLAM! BLAM! BLAM! BLAM! Click.
Daughter: \"Nice group, Daddy! Were those the Winchester Silver Tips?\"

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Now consider the cost of each approach:

Liberal:

Two funerals: $30,000
4 weeks intensive care for 2: $24,000
60 weeks of physical rehab for 1: $30,000
State sponsored care for one for life: $1,200,000
State-wide man-hunt: $145,000
Trial: $218,000
Life in prison: $1,320,000 (double murder)
Subtotal: $2,967,000
Lost opportunity costs: (criminal free to kill 3, wound 5 additional persons plus destruction of property): $1,700,00
Grand total cost of liberal approach: $4,466,700.


Conservative:

4 weeks intensive care: $12,000.
10 weeks rehab: $5,000
Trial: $218,000
5 years in prison: $175,000 (attempted murder plea-bargained to aggravated assault)
Lost opportunity costs: (post-release, criminal free to kill 3, wound 5 additional persons plus destruction of property):
$1,700,00
Grand Total cost of conservative approach:
$2,110,000.

Southern Conservative:
15 rounds of .45ACP silvertips: $12.50
Cost to dig the hole and fill it in (at minimum wage): $15.25
Grand total cost of southern conservative approach: $27.75

It\'s your money, what do you think?