Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> The government needs to shrink dramatically

Most (but not all) other developed countries have both a larger government and a smaller deficit per capita. A smaller government is not the only solution.

 help



They are almost all also going bankrupt. Also, those governments may be efficient but the US is not. You do not get a more efficient government by making it larger.

Debt-to-GDP of Germany is around 63%, that is notably less bankrupt than the US at 120% which is approaching Italy (that went from 154% in 2020 to around 135% now).

They are almost all more solvent than the US.

I would need more data here. The US is highly solvent because of the global dollar as well as being a hegemonic military superpower.

The US is in the process of throwing away both advantages, so you have to judge simply by debt/deficit levels.



Consider applying for YC's Summer 2026 batch! Applications are open till May 4

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

Search: