Peterson's Posen Says It Helps to Run Economy Hot

The transcript discusses the challenges of achieving sustained GDP growth, highlighting the need for increased productivity and participation. It addresses the productivity puzzle affecting rich countries and suggests that technological slowdowns may be a factor. The role of corporate and public investment in fostering innovation is likened to buying lottery tickets, with uncertain outcomes. The discussion emphasizes the importance of economic policies that encourage growth and prosperity.

According to the text, what is the significance of the productivity puzzle?

What does the speaker imply about the general productivity slowdown in rich countries?