Productivity being up is a good thing for the economy.
Of course while Americans are far more productive than we were decades past, for over a year now Business Sector Productivity has been faltering like it did years ago back when the '08 crisis hit. Making me nervous.
Then again, my take is that the big point of the piece was "the notion that consumption drives economic growth". What a crock. Like saying the key to good farming is sitting around eating food all day. Astounding how half of the U.S. actually believes that.