Unemployment will be higher than it would have been otherwise. Growth will be lower than it would be otherwise. And inequality will be worse than it would be otherwise.

— Mohamed El-Erian, chief of the bond investment firm Pimco, explaining the likely impact of Washington’s just-agreed to big budget cuts

(via officialssay)


About Janet Morris

I'm from Huntsville, Alabama. I've got as many college credits as a doctorate candidate, and the GPA of some of them, too. I have a boss by the name of Amy Pond. She's a dachshund. My parents both grew up in Alabama.