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Comment by hnmullany | Hacker News Reader

You might want to look up the value of those "fat pensions" - a lot of them are substantially less than US Social Security.

e.g. in Ireland, the state contributory pension (aka what you paid egregious social security taxes for) maxes out at about $18,000 per year. The equivalent pension from US Social Security is about $45,000.

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This depends on the country. Austria is doing quite well here.

Why are there so many homeless people in the USA? If your assumption were to work, it would not be the case. You are simply making an incomplete analysis here.

See: https://www.forbes.com/sites/andrewbiggs/2019/03/15/u-s-reti...

It is from 2019, but things are still somewhat similar today.

5 European countries have higher homelessness rates than the US, total EU numbers also dwarf the US (1.3m vs 750k)

https://ourworldindata.org/data-insights/how-common-is-homel...

https://www.notus.org/us-news/homeless-report-hud-president-...

https://www.dw.com/en/eu-sees-rise-in-homelessness-amid-hous...

900 k for the EU: https://de.euronews.com/my-europe/2023/09/05/bericht-fast-90...

You third link uses different metrics than the other two.

> Why are there so many homeless people in the USA? If your assumption were to work, it would not be the case.

Are you somehow assuming homeless people are all old retired people eligible for pensions? I literally cannot follow your logic here in any way no matter how much I try.

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