Word: fractionization
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...starving the beast supposed to work? Let's create a simple model, in which every dollar of a tax cut leads to some fraction of a dollar in spending cuts. The trouble is that when you starve the beast by cutting taxes, you also increase the national debt and the bill for interest on that debt. So the first thing that happens is that you increase government spending. From then on, it's a battle between the lingering effects of the tax cut and the ever growing impact of compound interest on the added borrowing...
...stayed away from long-term investments in India's factories, power plants and roads, deterred by the country's history of red tape and corruption, and by restrictions that prevent foreigners from holding controlling stakes in key industries. In 2002, India received $4.7 billion in foreign direct investment?a fraction of the $52.7 billion that foreigners poured into China. "The government is not moving fast enough on reforms?especially on the divestiture front," says Mark Mobius, a mutual-fund manager for American investment company Franklin Templeton...
...come too late. In fact, the Senator's sell-by date seems to have passed in New Hampshire. A well-known neighbor, he has been carefully vetted by that state's hyper-sophisticated electorate and found wanting. Certainly, in a year when passion rules, Kerry hasn't shown a fraction of Dean's incredible vigor...
...There are plenty of young Muslims eager to join up. Many see the global war on terror as an attempt by the West (specifically the U.S.) to crush Islam. Jihad can also provide an escape to those mired in poverty. "Even if a fraction of 1% of [Indonesia's] population is predisposed to extremism, that's a huge number," says Ken Conboy, author of Intel: Inside Indonesia's Intelligence Service. That makes blocking the pipeline to Mindanao critical. Though Malaysian, Indonesian and Philippine police all say they have stepped up patrols between Indonesia and the Philippines, their efforts...
...Justice Department. Colin Blakemore, a professor of physiology at the University of Oxford whose medical research has relied on animal tests, was among several scientists threatened with assassination several years ago. Crude devices intended to injure have been sent to his home and office. The violence of a tiny fraction of animal-rights campaigners has stirred alarm even among fellow activists, who say it diverts attention from the real debate...