Recession is good for the IT industry. Too many crap people have got into software - people with zero aptitude. Brains the size, content and color of mushy peas. Ability to speak like a baby toy with corrupted speech program ("I put here the document")
They drag you down, waste your time, destroy your piece of mind, and reduce you to an insensitive, grouchy, nervous wreck.
The bad times should swallow such invalids and help restore some sanity (literally) to IT.