I'm involved in an export business. We have nothing to do with IT. Already there are signs of harder times to come, due to the weakening dollar. Also, IT (& ITeS) workers represent a significant portion of our middle class, the people who actually go out and buy stuff. If IT is affected, the spending power of these guys will be curbed, and who will be hit? EVERY DAMN business catering to them, from underwear to Honda Cities.