I think the comment OP explained it pretty well. It's less of groupthink, and more of betting on this side is the optimal choice. Bet on permanent growth - gr

I think the comment OP explained it pretty well. It's less of groupthink, and more of betting on this side is the optimal choice. Bet on permanent growth - growth is permanent: You're a hero - growth is temporary: Sucks, but you just do some layoffs Bet on temporary growth - growth is permanent: You're fired - growth is temporary: You're righ! But so what?