More from the analysis...

... More impressive than the rate of growth is its quality. This growth didn't come solely from using up finite supplies of labor and other resources, which could fuel inflation. Instead, it came from making people and businesses more productive.

This combination, if sustained, will be a wind at the back of the next president. Three of the past four newcomers to the White House took office in or around a recession (the exception was Donald Trump, in 2017), which consumed much of their first-term agenda. The next president should be free of that burden.

Meanwhile, higher productivity growth should make the economy a bit less prone to inflation, more capable of sustaining budget deficits, and more likely to deliver strong wages. All would be a boon to President Trump or President Kamala Harris. ...

@#3 ... If it's So Great why do so many people say it's Not? ...

Because we have had disinflation, not deflation. In many respects, that is god, because deflation usually means a recession.

That also means that grocery prices are still high, even though wage growth for many has outpaced inflation.

Those workers whose wages have not kept up with inflation complain about the economy, when they really should be criticizing their greedy corporations and companies for not providing wage growth, in spite of higher profits. Perhaps this is a reason why unions have been becoming more popular of late ...

@#14 ... Tell that the average American family where their food, utilities, insurances, fuel, etc., costs much more than four years ago. ...

Even with the target 2% inflation, those items you mention will cost more in 4 years than they do now.

Maybe you should be more critical of the corporations and companies not raising the wages they pay to ~average Americans~ to keep up with inflation.

@#20 ... How many of those presidents had COVID hoisted onto their economies ...

Welcome to the challenges of the Oval Office.

Each and every President who has occupied the Oval Office has faced unexpected problems.

The question is not the challenges that they have faced, but how they have reacted to and tried to assuage those challenges for the benefit of Americans.

imo, fmr Pres Trump failed miserably when he faced the COVID-19 challenge, apparently choosing to kill off hundreds of thousands of Americans.

@#17 ... But it's the corporations who aren't raising wages enough? ...

Yup.

I mean, really, the GOP seems to bitch and moan about the cost of government.

Incessantly.

i.e., underfunding, then complaining about the results of that underfunding.

So, let me ask, do you want your local taxes to increase to accommodate the corporate and company quest for higher profts?

That aside, why does the GOP seem to focus upon this type of issue that they cause?