
How to really benefit from spending cuts?
![]() How to make budget cuts without jeopardizing the future? |
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In the face of the economic crisis, the temptation is strong to undertake massive budget cuts. Are they not the only way to respond to the inflation of costs and salaries, to prepare for a drop in purchasing power and therefore an expected decrease in demand? But beware: experience shows that putting brutal pressure on budgets often has a high cost, to be paid over many years. This is the time to remind ourselves of some points of vigilance.
Synopsis n.310b
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