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Um, what the hell do you mean, why? Why would it increase deterrence?
You're assuming that "b/c people fear for their lives!" is more valid than "b/c people don't pay attention to the consequences!", which is fallacious.
The studies show no correllation between the death penalty and lowering crime - in fact, in one study in Texas, there was a positive correllation - which implies that death is not a deterrent to crime. What further interpretation do you need?
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