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> A less volatile economy is better for business and will create even
>higher
>growth in the future.
>Please explain why this is true.
> >
It is easier and more efficient to plan for slow and steady than fast and
slow. As an example, what should an employer do with the employees he
trained during a boom when a bust comes? How will an employer recoup
training costs for new employees during a boom after he has let all his
previous employees go during a bust. Slow and steady helps to preserve
capital investments.
Dan
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