[muawiyah]

Deflation is a "macroeconomic" phenomenon. You can actually have deflation with an increasing cost of living. Social Security and federal government retirements have a "cost of living" clause, not a "deflation" clause.

I know this is a bit tricky to understand but you'll all find out.

Now, about the Reagan administration's proposal to balance the federal budget with a $100 co-payment on federal employee's medical insurance, it was actually something like $120.

Didn't do a doggone thing, but I do remember the money. That was an INFLATIONARY period and we had two babies around the house, and the power bill had just gone up.

Definitely remember that one.

[mamelukesabre]

My mom says they took back her SS increase recently because of deflation.