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 has been the trend in productivity growth over the years?

What is the speaker's opinion on the sustainability of the recent productivity data?