Regarding "Answers, not IOUs, for Social Security," (Consumer Confidential, Aug. 24):
I commend The Times for avoiding alarmist language in a column about the solvency of the Social Security system. On the whole, the piece was well balanced.
I do object, though, to describing President Bush's attempt to dismantle the system in 2005 as "reform." Changing Social Security from an all-encompassing social insurance system to a 401(k)-type private investment plan, as Bush would have done, is radical restructuring, not reform.
The long-term financial prospects of the Social Security system are a complex subject. Unfortunately, it is often presented in simplistic or biased terms.