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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 contribu

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.

shevy-java 4mo ago
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-retirement-system-rocks-europe/ https://www.forbes.com/sites/andrewbiggs/2019/03/15/u-s-reti... It is from 2019, but things are still somewhat similar today.
- littlexsparkee 4mo ago
  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-homelessness-across-the-world https://ourworldindata.org/data-insights/how-common-is-homel... https://www.notus.org/us-news/homeless-report-hud-president-trump-decrease-count https://www.notus.org/us-news/homeless-report-hud-president-... https://www.dw.com/en/eu-sees-rise-in-homelessness-amid-housing-crisis-report/a-74310521 https://www.dw.com/en/eu-sees-rise-in-homelessness-amid-hous...
  - frm88 4mo ago
    900 k for the EU: https://de.euronews.com/my-europe/2023/09/05/bericht-fast-900000-menschen-in-europa-obdachlos https://de.euronews.com/my-europe/2023/09/05/bericht-fast-90... You third link uses different metrics than the other two.
- bob001 4mo ago
  > 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.

shevy-java 4mo ago

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-retirement-system-rocks-europe/ https://www.forbes.com/sites/andrewbiggs/2019/03/15/u-s-reti... It is from 2019, but things are still somewhat similar today.

littlexsparkee 4mo ago
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-homelessness-across-the-world https://ourworldindata.org/data-insights/how-common-is-homel... https://www.notus.org/us-news/homeless-report-hud-president-trump-decrease-count https://www.notus.org/us-news/homeless-report-hud-president-... https://www.dw.com/en/eu-sees-rise-in-homelessness-amid-housing-crisis-report/a-74310521 https://www.dw.com/en/eu-sees-rise-in-homelessness-amid-hous...
- frm88 4mo ago
  900 k for the EU: https://de.euronews.com/my-europe/2023/09/05/bericht-fast-900000-menschen-in-europa-obdachlos https://de.euronews.com/my-europe/2023/09/05/bericht-fast-90... You third link uses different metrics than the other two.
bob001 4mo ago
> 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.