0:00.0	The following podcast contains explicit language.
0:10.4	Hello and welcome to the rebuilding edition of Slate Money, your guide to the business and finance news of the week. I'm Felix
0:22.7	Sam on the Fusion and I'm joined as ever by Anna Shamansky and Jordan Weissman.
0:27.6	Hello. Hey, everyone. Hello, people. And, well, obviously, the big news this week is
0:34.7	Hurricane Harvey. We're going to have a slate money-esque angle on that.
0:39.9	There's another bit of news this week. I have a rule on slate money that I try very much not to talk about vaporware.
0:47.7	If there's a whole bunch of speculation about policy proposals, I just say, listen, we can hit that if and when they actually
0:58.6	happen because that's the actual news. Speculation is not news. So I'm going to break that rule
1:04.5	this week because there's speculation about a policy proposal, specifically this policy proposal of abolishing the tax
1:13.6	deductibility of corporate interest, which is kind of my favorite thing in the world. And the fact
1:19.8	that this government or any government is taking it remotely seriously is kind of so amazing that
1:25.7	I think we're going to talk about that a bit. We are going to, But we are going to talk a little bit about like tax reform and whether it could
1:31.1	actually conceivably be a good thing.
1:34.6	Ooh, there's a good slate pitch for you.
1:36.3	Yeah, I'm just frowning so hard right now.
1:40.9	Jordan's on an all frthround diet these days.
1:45.1	So we're going to talk about one of my favorite productivity stats.
1:51.6	This is, I guess, it's a kind of number which has been upgraded to an entire segment because it's fascinating.
1:59.1	That will come just as soon as we've talked about
2:02.8	extreme weather events in South Texas. Yeah. So Jordan, what's the, what's the
2:09.1	latest? I mean, it's a fucking disaster. I mean, like Harvey, you know, it's a humanitarian disaster.
2:16.5	It's a disaster for Houston for the city. I will say the only bright spot, if you can call it that, is that typically these sorts of events aren't that bad for the economy writ large. What happens typically is that you get like a brief hit, maybe GDP falls
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