# From the Stage: The Recycled Recession Headlines
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From the stage Every downturn, I play a little game with my audience. Speaking to dental professionals, I read out a series of grim economic headlines: banks facing meltdown, a mortgage crisis, billions in blue-chip value blown away. Then I reveal when they first appeared, decades ago, before any of today's worries. "They simply recycle the headlines from the last recession." I've been through enough of these to keep perspective: "this is my sixth economic downturn in my career." Why it matters Fear is contagious, and the headlines are designed to spread it. Leaders who let the news set their agenda freeze: no investment, no new ideas, no hiring, just waiting. The study I've quoted for years, from GE's head of innovation, found that organizations that kept investing through downturns were the ones that emerged as breakthrough performers. "It's what we do right now to realign ourselves to the future that determines our success." The takeaway When the headlines get loud, check how many of them you've read before. Ask whether you're cutting cost or cutting the future. They're not the same thing. Use the slowdown to prepare for the upturn that always follows. Related: Earlier: Daily Inspiration: Economic signals - &quot;Nothing tightens the purse like uncertainty!&quot; (2025) · Earlier: 23 Trends for 2023: #6 - Opting Out (2022) · Healthcare &amp; Pharma From the Stage is a weekday series of short clips from more than 30 years of keynotes, and the leadership lessons that still matter.

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Source: https://jimcarroll.com/2026/11/from-the-stage-the-recycled-recession-headlines/