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Barack Obama has told Americans he sees signs of economic recovery, but urged them to be patient and look beyond their "short-term interests". The US president said his draft budget would build a stronger economy which would mean America did not face a repeat crisis in 10 or 20 years. "We will recover from this recession," he told a prime-time newsconference in Washington DC. His $3.6tn (£2.5tn) budget faces its first tests in Congress this week.