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Don't Read My Lips

scitex writes "Two economists, Rasa Karapandza and Milos Bozovic, from University Pompu Fabra, Barcelona wrote a very interesting paper "You Can Fool Some People Sometimes..." They say that on all US Presidential Elections from 1960, when presidential debates were held, won the candidate that used less future tense in the debate. First debate was televised in 1960. They predict that these elections will be won by George W. Bush. They used a similar approach to analyze performance of US companies and found that companies that use less future tense in their annual reports perform better. Will this change the way companies write they reports and presidential candidates speak?"

6 of 66 comments (clear)

  1. I can't help but notice... by Black+Parrot · · Score: 5, Funny

    ...that they used the future tense to predict the outcome of the election.

    --
    Sheesh, evil *and* a jerk. -- Jade
  2. Incumbents talk about their record by np_bernstein · · Score: 4, Insightful

    Usually speaking the incumbent is going to talk about what they've done over the last couple years, and usually speaking, it's the incumbant's race to loose. That would account for the majority of the time that this happened, and the remainder is probably just coincidence.

    --
    RandomAndInteresting.comdefending the world from stupidity since 1979
  3. Like most statistics by Dixie_Flatline · · Score: 3, Insightful

    You can't apply them to an individual case in an attempt to predict the future.

    For example, the divorce rate in North America is very high. Pretend that it's an even 50% of marriages that end in divorce.

    If you get married, you are not beholden to that statistic. Whether or not you get divorced cannot be predicted by the statistic. You do not have a 50/50 chance of breaking it off with your partner. The conditions may exist that cause a 50% divorce rate, but they may not apply to you, for whatever reason.

    Predicting things from past results is interesting, and sometimes something to talk about, but they don't mean anything. Up until a couple of weeks ago, nobody had ever come back from being down 3 games to 0 in the World Series.

  4. Just one question by mabu · · Score: 3, Funny

    Why can't we redirect this kind of research energy towards applications that really have a benefit to mankind? How about predicting patterns which lead to cancer or destructive weather? Doesn't that seem like a more noble use of time and resources?

    What's next for these guys? An analysis of peoples' choices for celluar ring tones as they relate to their propensity to purchase expensive designer salad croutons? Stouffers is waiting anxiously for your results.

  5. Makes sense by KalvinB · · Score: 3, Insightful

    People are more interested in what you've done rather than what you say you're going to do which may or may not happen. Everybody knows that campaign promises tend to be broken so what you say you're going to do is going to be taken with a grain of salt.

    This campaign really is about what GW did and whether you like it or not. Not so much about what either candidate plans to do the next four years.

    I invested in my current stock AVN because they've done interesting things in the past, their stock history is good and because they had interesting current projects. I paid $1.76 a share and it's now above $3 a share. Their current project at the time is now showing real promise and getting some attention.

  6. Video of Presidential Debates 1960-1984 by jamienk · · Score: 4, Interesting

    I'd like to post this to suprnova but the upload page has timed out for me in the past 2 weeks. Maybe someone can try to put it on suprnova?

    I ripped these older Presidential debates from various websites. It was a pain to get them. Dowload the torrent here or here or here

    • 1960: JFK vs Nixon first TV debate (4 debates, only 1st one in total)

    • 1976: Ford vs Carter (Johnson didn't debate Goldwater in '64, Humphrey didn't debate Nixon in '68, Nixon didn't debate McGovern in '72)

    • 1980: Carter vs Reagan

    • 1984: Reagan vs Mondale

    Low quality Real Video files ripped from streamings from the web.

    If you have other debates, 1988, 1992, 1996, 2000, Presidential and/or VP, or higher-quality of the above, PLEASE POST!