
So do you think this will work? \http://www.thesoundadviceproject.com/
"Painful elaboration of the obvious."
Here (in red) are the growth forecasts used to put out the new Obama administration budget, followed by the consensus forecast of a panel of "Blue Chip" private forecasters (in blue, naturally).
2009: -1.2% -1.9%
2010: +3.2% +2.1%
2011: +4.0% +2.9%
2012: +4.6% +2.9%
2013: +4.2% +2.8%
Accumulating the difference, you find that Team Obama projects about 6 percent higher GDP in 2013 than do private forecasters. Remember that using the rule of 70 highlights the size of this gap in forecasts.