When the people who provide your revenue, whether customers or taxpayers, have shrinking incomes a decline in your income too is probably unavoidable. President Obama announced today that instead of federal employees getting a statutory formula pay increase of 18.9% worth $22.6 billion next year, they will get only 2.0% worth $2.7 billlion. In California, most State employees are taking year-long mandatory unpaid 3-days-per-month furloughs, which reduces their incomes by 15%.