> Getting screwed in industry means you lose your right to an income and might never get it back.
Why is this? It really easy to get hired in industry after you've been fired from one job -- especially if you've been there for awhile. I've seen many postdocs or non-tenure-track professors forced entirely out of academia if their contracts aren't renewed. If they don't have skills valued by industry (not uncommon if you spent 5+ years post-PhD in academia), I've seen former colleagues never get a good job again.
Why is this? It really easy to get hired in industry after you've been fired from one job -- especially if you've been there for awhile. I've seen many postdocs or non-tenure-track professors forced entirely out of academia if their contracts aren't renewed. If they don't have skills valued by industry (not uncommon if you spent 5+ years post-PhD in academia), I've seen former colleagues never get a good job again.