Hello, welcome to the All Policies Economic Policies episode of Slate Money,

your guide to the Business and Finance News of the Week.

I'm Felix Salmon of Axios. I'm here with Emily Peck of Huffpost.

Hello. I'm here with Anna Schramanski of Breaking Views.

Hello. We had a massive GDP report out this week. We're going to talk about that and more generally

whether and how presidents can have an effect on the economy, presidents being on our mind, of course, right now,

since everyone's going out and voting.

We are going to talk about the other side of economic policy,

which is monetary policy, and whether central banks have any extra firepower they can draw upon.

We are going to talk about Pet Smart and Chewy and whether they belong together or not.

And I really urge you to become a Slate Plus member if you're not one already, because in our

Slate Plus segment we are going to do a little dive into the redesign of the Gmail logo

which I know you have opinions on, so please let us know what your opinions are.

Slate at slate.com.

You'll find out what I think if you listen to slate plus.

All of this and more coming up on slate money. So let's talk about the economy. We had a GDP report for

the ages this week. 33.1% annualized growth rate, which is a 7.4% actual growth rate just

quarter to quarter, which is huge.

And it's also a statistical artifact because we fell even more than that the previous

quarter and there's a lot to be said about the GDP report which I guess you can read some of it

in my newsletter.

I want to talk about something kind of bigger though,

...