Reader letters March 6
Heed Reagan’s warning on Social Security
To the editor:
Those who advocate reducing Social Security benefits by one means or another are rejecting the wisdom of that great patron saint of conservatism, Ronald Reagan. On Oct. 7, 1984, in a presidential debate with Walter Mondale in Louisville, Kentucky, after being accused of wanting to reduce Social Security, Reagan said:
“I would never do such a thing .... Social Security has nothing to do with the deficit. Social Security is totally funded by the payroll tax levied on employer and employee. If you reduce the outgo of Social Security that money would not go into the general fund or reduce the deficit.
It would go into the Social Security Trust Fund. So Social Security has nothing to do with balancing the budget or raising or lowering the ...