That's true, but it's also true of any savings scheme, and any scheme where reti... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

mikeash on Dec 8, 2014 | parent | context | favorite | on: Why I’m Giving Up My Passport

That's true, but it's also true of any savings scheme, and any scheme where retirees exist, public or private.

kaonashi on Dec 9, 2014 [–]

Yes, the differences between them being how much they provision. Social Security allots more of the surplus to retirees than the previous status quo.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact