Benefits of Economic Recession

The benefits of an economic recession can be painful to admit.

When capital flows freely, entrepreneurs and non-trepreneurs alike get to start companies - much like walk-ons get to chase their dreams of playing big league. In a downturn those not favored by the market get the boot. That is the benefit of a recession.

We cull the herd of would be entrepreneurs.

It's like cutting the 6th string on the football squad. The bus can't hold that many kickers…. AND, the soccer team needs that talent. So talent gets redeployed as it is fit. Sure there are very real consequences, and those who can shake off the rejection to move on will flourish in their new environment. Our economy depends on the flexibility and variability - without it, innovation and incentive to innovate would die.

It is no easy task to redeploy yourself, particularly if you must retrain yourself, but it is your ability to be flexible, adapt and embrace that promises you long term stability.

STABLE: "Not likey to fail."***

STASIS: "State of inactivity."***

You can be stable without being static. Long term stability requires that you stay in motion, improving with each day.
 

***Concise OED, revised 10th Ed.