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

What non-USD-denominated liabilities do SS/Medicare have? Those would be required in order for the country to go bankrupt.



Social Security is a trust fund and is set up so that it cannot lose money.

Congress has been stealing money from the fund for years, but that’s not Social Security’s fault. Claiming it needs reform is like blaming account holders after the president of the bank embezzles their deposits.




Consider applying for YC's Fall 2025 batch! Applications are open till Aug 4

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

Search: