Yeah, but it isn't and it's not on the books to ever take place. Anyone can see this. So in that situation do you just let people die or do you do something about it?
The list of federally mandated safety features on American cars is so huge that TMPS is barely noticeable. Furthermore it's actually useful. Maybe you are so vigilant you check your pressures every time you get in the car, but the causes of tire deflation generally take place with the car IN MOTION so unless you have superpowers TPMS is the only way to know it's happening when it's happening.
And you're right, it wouldn't have helped the Firestone Ford Explorer problem because those were terrible drivers in a terrible car. Nothing could save those people. However, I went over a nasty pot hole last year and when the light came on it wasn't hard to put 2 and 2 together. I'm a master automobile mechanic with an almost perfect driving record on and off the track who can totally rebuilt all four of my cars from the ground up and I find TPMS useful. I think resistance is due more to ego than anything, honestly. The same people complained about pretty much every advance in auto technology since Unsafe at Any Speed. Collapsible steering columns, EGR, exhaust catylizers, seat belts, safety glass, unitized construction, fuel injection, 3rd brake lights, ABS, airbags, synthetic oil, crash bars, crumple zones, etc etc. the end result is that cars are many times safer than they used to be and only need maintenance annually, and now most of the time even shitty cars like Chryslers can run a quarter million miles without problems. Every car sold today puts less hydrocarbon out its exhaust than what exists in the air naturally. Fuel economy per pound is WAY up. Adjusted for inflation cars don't cost any more than they did 35 years ago and mechanics make way less.
The "cost" of TPMS was minimal at introduction and now with wheel speed based systems it's actually free. I think TPMS is f*cking great and the only reason there wasn't a light for it 60 years ago is because the tech wasn't there. If it were, we'd be used to it.
If you're getting a raw deal in relation to your car it's honestly coming from your bank, your insurance company, or the cops. The OEMs are packing maximum value as long as you don't buy something stupid like a Jeep Compass or an X6M.