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Most of the downtown shops of my youth stand empty and derelict, driven out of business by gradually shrinking paychecks and the Walmart on the outskirts of town.
For months, beleaguered American consumers have defied expert forecasts that they would soon succumb to the pressures of falling home prices, fewer jobs and shrinking paychecks.
White-collar workers face job cuts and shrinking paychecks even in go-go industries like technology, suggesting the economic pain is broader than official figures show.
But over the last year, he has become a celebrity among musicians for speaking out about artists' shrinking paychecks and the influence of Silicon Valley over copyright, economics and public discourse.
Liberal analysts argue that shrinking paychecks have thinned the ranks of marriageable men, while conservatives often say that the sexual revolution reduced the incentive to wed and that safety net programs discourage marriage.
The latest monthly snapshot of the jobs market reinforced how the economy remains gripped by a potent combination of troubles — plunging housing prices, tight credit and shrinking paychecks — with all three in a downward spiral.
Similar(48)
In a deflationary economy, a family that borrows money to buy a house may well find itself having to pay fixed mortgage payments out of a shrinking paycheck; a business that borrows to finance investment may well find itself having to pay a fixed interest bill out of a shrinking cash flow.
Democrats talk a good game about being there for the rest of America, but when Wall Street imploded in 2008, little was done to hold some of the Street's most reckless financiers accountable, and they've traded off increases in the minimum wage for decades for more immediate political gains, leaving the middle class with a shrinking paycheck.
A wider decline in prices could stall a recovery by forcing more employers to shrink paychecks.
With job losses growing and working hours shrinking, many paychecks are eroding, prompting millions of families to cut their spending.
And the fierce competition for jobs is shrinking the paychecks for those who still have them.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com