GDP was never really an accurate calculation and interest rates greatly affect whatever the natural baseline is at any time. Calling productivity down with greater Remote Work is a red herring because there's less overall economic output because the cost of money has risen so steeply and will continue to do so at least two more times. Unfortunately, they've printed about as much as they've offset in interest rates so it looks more like its engineered to kill off any normal to mid-size business. The only people getting the easy money are the people on the gravy train.