Greenspan Says Tax Cuts Are Helping Capital Investment, Productivity

The video discusses the economic outlook, highlighting that while the long-term outlook is not promising, the short-term may be better than expected. Current economic figures have surpassed forecasts, largely due to tax cuts that have positively impacted capital investment. Although productivity growth has been stagnant, recent data shows improvement, attributed to the tax cuts. The duration of these effects remains uncertain.

What is the speaker's view on the long-term economic outlook?

• It is better than expected.

• It is unpredictable.

• It is not so great.

• It is very promising.

How does the speaker describe the short-term economic outlook?

• The same as people think.

• Worse than people think.

• Better than people think.

• Unchanged from previous forecasts.

What does the speaker say about recent economic figures?

• They were worse than expected.

• They were not available.

• They were as expected.

• They were better than expected.

What factor does the speaker attribute to the positive changes in the economy?

• Higher interest rates.

• Government regulations.

• Tax cuts and capital investment.

• Increased consumer spending.

What is the speaker's view on the sustainability of the current economic improvements?

• They will last indefinitely.

• They will last for a short time.

• They will end soon.

• The duration is uncertain.