They are spending 100k per homeless person but probably cents actually reach the... | Hacker News

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

		christkv on April 5, 2023 \| parent \| context \| favorite \| on: Bob Lee, former CTO of Square, has died after bein... They are spending 100k per homeless person but probably cents actually reach the end person after every grifter in between have had their cut.

softjobs on April 5, 2023 [–]

I think it's even worse than that: that whole system is benefitting from the situation, so has no incentive to actually do anything meaningful about the problem, just to pretend that they are. It's a variation on the Iron Law of Institutions.

Consider applying for YC's Winter 2026 batch! Applications are open till Nov 10
Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact