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The more optimistic projection would have a two-term President Romney reducing deficits by $2.2 trillion (for debt of 75 percent of G.D.P).
In the interview on Friday, Mr. Nagin indicated that the entire city west of the Industrial Canal would be rebuilt, a more optimistic projection than some urban planners had given.
"I think that it would be unwise to take the indication that some members wanted more QE as a sign that there will be more QE because they were basing their view on what was probably a more optimistic projection for controlling inflation than now seems plausible, following yesterday's inflation number," said Stephen Lewis at Monument Securities.
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Slightly more optimistic projections -- in line with historical growth rates -- brighten the picture considerably.
Mr. Ulberg and Wendy Saunders, the governor's deputy secretary for health, said that with their more optimistic projections, the cut to the public hospitals would total $31.5 million.
By more optimistic projections, like one by the World Bank economist Ejaz Ghani, India will have more than a billion middle-class citizens by 2025 — that is about two-thirds of its estimated 2025 population.
And yet, when the predictions cover such a range, I wonder if the hype doesn't resemble the fuss over that other Star Wars, the Strategic Defense Initiative, the futuristic franchise that once played in the mind of President Ronald Reagan with a far larger budget and more optimistic projections of the good it would do.
More optimistic projections show the party could win as many as 30.
Tax revenue has been so good that it may even outpace more optimistic projections from the Legislative Analyst's Office.
The analyst's office said revenue will probably be higher than even its own more optimistic projections when the final numbers get crunched.
Even under the more optimistic projections, Miami can expect to see floods three feet above the current sea level by mid-century, according to an analysis by Climate Central.
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Justyna Jupowicz-Kozak
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