"These have been tough times, and there will be difficult months ahead. But the storms of the past are receding; the skies are brightening; and the horizon is beckoning once more." Barack Obama, Budget Message of the President, February 1, 2010.
President Obama's Proposed 2011 Budget
Hoven's Index for February 3, 2010
Assumed real GDP growth (4Q/4Q) in the President's 2011 budget:
2010: 3.0%
2011: 4.3%
2012: 4.3%
2013: 4.2%
Four-year total: 16.8%
Actual real GDP growth (4Q/4Q) under President Clinton's corresponding years:
1994: 4.2%
1995: 2.0%
1996: 4.4%
1997: 4.3%
Four-year total: 15.8%
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