Actually I beg to differ. All of the fat is already being trimmed in the industries you mentioned. In fact by the time the recession hits, those industries will be close to 100% shaken out as they have already been shedding jobs the past 18 months. Think about a general slowdown all around. As companies contract R/D slows down, production slows down, funding for new projects gets put on hold. Retail sectors slow down… I can go on and on. I am not debating whether a recession is good or bad for an economy. However vulnerability to many more professions is alot more prevalent then you have indicated. I would gather that many posters here have not been through a full blown recession.
