“The reason there is no COLA is there is no inflation. Enjoy it while it lasts.”

This ArmyTimes article from 15 October 2010 contains this gem: For the second year in a row, there will be no cost-of-living adjustment in military and federal civilian retired pay, nor in veterans’ disability and survivor benefits, in 2011. “You have to look for the silver lining,” said Steve Strobridge of the Military Officers Association [...]