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homestead - Re: [Homestead] Rats jumping ship

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  • From: "Lynda" <lurine AT SOFTCOM.NET>
  • To: <wce1482 AT yahoo.com>, <homestead AT lists.ibiblio.org>
  • Subject: Re: [Homestead] Rats jumping ship
  • Date: Wed, 24 Sep 2008 20:00:39 -0800

That is what happened in the late 80s to f-i-l. They did a big round of re-evaluations, though, instead of cutting benefits. Well, they said they weren't cutting benefits but that's what they did.

Lynda
----- Original Message ----- From: "william Eggers" <wce1482 AT yahoo.com>


A lot of my income comes from Veteran's service connected disability due to injuries in the service. Usually if we end up with an inflationary depression, those on fixed incomes will loose out as the income will not keep up with the inflation. If we end up with a deflationary depression, the government usually cuts any fixed income it pays. The first thing FDR did when he got elected was to cut the Veteran's compensation in half.






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