Walt Disney had the same attitude during the 30's. I'm reading his bio (it's crazy how similar he was to Steve Jobs) and he's been quoted as saying the Depression was the best thing that ever happened to their studio because not only did the revenues of their cartoons keep going up (unlike the rest of the industry) but also they were able to scoop up tons of talent that hit rough times at other studios.

Disney's studio did great work during this time and even made a hit song that became an anthem for the Depression, "Who's Afraid Of The Big Bad Wolf".