Labor Secretary: Reagan ‘Was Wrong’ About Medicare Leading to Socialized Medicine

U.S. Labor Secretary Thomas Perez says he owns a recording of former President Ronald Reagan claiming that Medicare will lead to socialized medicine and that Reagan “was wrong.”

Perez was praising the Affordable Care Act (ACA) at the Consumer Issues Conference in Washington, D.C. Friday when he said: “You know, I’ve got this thing in my office – it’s an album cover of Ronald Reagan in the 60’s saying Medicare will lead to socialized medicine.”

“Actually, if you listen to the album, because I got a little curious and I listened to the album, it says Medicare will lead to socialism in America. He was wrong. Medicare has led to retirement security in America for millions and has become a staple of who we are, and the ACA is in the process of doing that same thing.”