Delving Into Bush’s Social Security Plan

Re “Social Security Not Part of Investment Portfolio,” letter, Dec. 28: My wife and I have each paid into Social Security since 1964; we will soon be entitled to roughly $1,438 each per month in benefits. Since we paid into it, we will accept the benefits even though this will put pressure on future benefits for others.

We would, however, consider an alternative. If offered a choice of the money or an equivalent tax credit, we and millions of others would take the tax credits, relieving pressure on Social Security’s cash flow. By thinning out the rolls, this plan could forestall the system’s projected funding crisis for a number of years.

George F. Garris

Westlake Village

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Following World War II, the GI Bill rewarded returning servicemen. The army of educated veterans was a national treasure that powered our postwar economic supremacy. The bill was considered an outstanding piece of social legislation. Political leaders seemed determined that the population would be educated, would have adequate medical care and would not be financially abandoned when the working years ended.

Politicians have now minimized dedication to medical, educational and retirement entitlements. They are incompatible with the costs of internationally condemned wars and global empire.

President Bush promises further tax reductions and restructuring of Social Security. Damage to education and Medicare at every level will result.

Wm. S. Patterson

Palm Desert