Word: fractionalism
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Argentina's $46 billion debt is only a fraction of the $335 billion that is on loan to more than two dozen Latin American countries. The biggest debtors are Brazil ($96 billion) and Mexico ($85 billion). Both are chafing under IMF-imposed austerity programs that have slowed down their economies. Mexico reported last week that its national output fell 4.7% in 1983, the worst performance in more than 50 years. Brazil's production dropped...
...been weakened by recession and plunging sales. But rather than abandon the business, GE gave an antiquated factory in Erie, Pa., what General Manager Carl Schlemmer calls an "electronic heart transplant." Cost: $500 million. Giant computer-driven arms and machine tools help the factory turn out locomotives in a fraction of the time once required. A 2,500-lb. motor frame that took 16 days to build can now be done in 16 hours. By 1986 GE could be making about 800 locomotives a year, up a third from current levels...
Only a small fraction of House residents use the University's coin-operated word processors and about 75 percent of those do not cite the machines' high cost--$2 per hour--according to a recent survey by the Office for Information Technology...
...March 1985, when Slick Six is expected to be finished, some 250,000 cu. yds. of concrete will have been placed. The estimated cost of construction: $570 million. That, however, represents just a fraction of the budget. Equipping the center with the latest computers and gadgetry will run another $2 billion. But size and expense are not what makes Slick Six unique. Says Air Force Colonel Walter Yager, commander of the Shuttle Activation Task Force: "There have been larger and more expensive projects, but I doubt if there have been any more complicated...
...Hampshire crowd is only a fraction of the 163 aspirants on file with the Federal Election Commission in Washington. They include Bob Brewster, 53, of Orlando, Fla., the candidate of the Christian (NonLawyer) Committee; and Elijah the Prophet, 40, of New York City, who sent the FEC a bonus along with his registration papers: a copy of his book, The Time of the End. But surely the wave of the future is a beeping Baltimore independent, Rebecca Robot, who pledges "high-tech jobs for people." A nation governed by a robot? She, or rather it, would certainly be the ultimate...