Word: trillion
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Rank and Bile Size matters, Brits crowed, when the U.K. overtook France in 1999 to become the world's fourth-biggest economy. But with the British pound down nearly 5% against the euro since January, and the U.K.'s ?1 trillion gross domestic product falling in value against France's GDP as a result, the French may soon be able to claim it was a grande illusion. If the pound falls less than 1% more, to 0.68 to the euro, France will again take the lead. To which Brits will surely reply, "It's really growth that counts...
...uncoil a strip of DNA, it would reach 6 ft. in length, a code book written in words of four chemical letters: A, T, G and C. Fold it back up, and it shrinks to trillionths of an inch, small enough to fit in any one of our 100 trillion cells, carrying the recipe for how to make a human being from scratch. The ingredients are the same for everything that lives; we are cousins to sequoias, and slugs--one life, one creation...
...needed to study them. The new computers are coming to life. IBM models its newest ones--computers that act like cells and fix themselves wherever they break--after DNA. The quantity of information is so vast, we have to invent new numbers to measure it: not just terabytes (a trillion bits of genetic data) but petabytes (equivalent to half the contents of all the academic libraries in America), exabytes, yottabytes and zettabytes. All the words ever uttered by everyone who ever lived would amount to five exabytes. The speed of discovery leaves even our imaginations behind...
...Democrats, of course, are going ballistic over Bush's budget imbalance, blaming his tax cuts ($1.3 trillion in 2001, at least another $674 billion in his new plan) and excoriating him as a reckless steward of the economy. They point out, accurately, that Bush's projected deficits don't even taken into account the cost of a war with Iraq (another $50-200 billion), or his promise to reform Social Security (estimated cost: $1 trillion). Not that the Democrats have a plan of their own to stem the flow of red ink, which would require spending cuts few are willing...
...seems that Bush doesn’t even try to come close to balancing the budget. The plan forecasts a deficit of $307 billion for the 2004 fiscal year, an amount that would grow to $2.1 trillion over 10 years if all of the administration’s tax cuts are enacted. We are already two weeks away from hitting the limit on the government’s borrowing authority granted by Congress; Bush’s proposed tax cuts would only make the country’s financial situation worse. And the budget included no projection of the cost...