I'm not arguing that it would be a tough sell, though I do think that's a PR problem when trying to sell this idea. I am asking if job stability would suffer in a deflationary economy. It sounds like most people are saying that job stability would suffer and that shouldn't matter. Or that people would get use to it job instability or live with pay decreases.
They wouldn't be living with pay decreases. If I pay one week with 50 one dollar bills and the next day with one 50 dollar bill, has your pay decreased because you received fewer dollars?
There is no reason job stability would suffer. You can make the same argument in an inflationary economy and it's equally wrong. Here it goes: "Suppose I get a job for $55,000 per year. Two years later, due to inflation, I'm not being paid enough. So unless my boss is willing to raise my salary, I'll take a new job for a higher wage. So job stability will suffer due to inflation." But we all know that's not right. Both participants have an incentive to restore the wage to market value.