Letter to the Editor

Changes can save Social Security

Tuesday, January 11, 2005

To the editor:

Thomas Widner's letter warned of dire consequences if we attempt to address the needs of Social Security in any way. According to Friday's Wall Street Journal Internet site, many letters just like this appeared across the nation in an obvious organized campaign.

First of all, no one is proposing the cutting of any current benefits. Further, Social Security is not being privatized. There are many issues being debated regarding the future stability of Social Security. Allowing new wage earners the option of investing a small percentage of their Social Security deduction in the marketplace for improved retirement returns is just one of them.

Concern for the future of Social Security has been growing for over a decade. If we act now, we can gradually implement necessary adjustments over many years and evolve this well-intended program into a solid safety net for generations to come.