Start a Startup in Bad Economy

Paul Graham wrote another of his essays covering the topic of Why you should start a startup in Bad Economy....that means now or in 2009. I agree that the people doing the startup matter 10 times more than the economic situation! To his thoughts I would add one more bonus of bad times. It is much easier to find co-startupers or co-workers during bad times and "all the good men" don't work for big financial institutions who raise their salary 10% every year.