If the US gov't keeps up with these corporate welfare bailouts, handouts, takeovers, and capital injections (Fannie Mae, Freddie Mac, Indy Mac, etc.), you might as well.Meg--no, even if half the banks were to fail, I'd still have a job. I'm in the military.

My wife is also a sort of public servant, and her career is in a growth sector of the gov't. Anyway, we keep our expenses in check. We didn't borrow more than we could afford for our house, we have one used car loan, and I carefully manage our money. We're as recession-proof as twentysomethings are likely to be these days.