Pundits as Accurate as Coin Toss According to Study
Krugman Tops, Cal Thomas at Bottom of Accurate Predictors
By Vige Barrie
Contact: P. Gary Wyckoff
May 2, 2011
The Hamilton students sampled the predictions of 26 individuals who wrote columns in major print media and who appeared on the three major Sunday news shows – Face the Nation, Meet the Press and This Week – and evaluated the accuracy of 472 predictions made during the 16-month period. They used a scale of 1 to 5 (1 being “will not happen,” 5 being “will absolutely happen”) to rate the accuracy of each and then divided them into three categories: The Good, The Bad, and The Ugly.
The top prognosticators – led by New York Times columnist
Paul Krugman – scored above five points and were labeled “Good,” while those scoring between zero and five were “Bad.” Anyone scoring less than zero (which was possible because prognosticators lost points for inaccurate predictions) were put into “The Ugly” category. Syndicated columnist Cal Thomas came up short and scored the lowest of the 26.
Even when the students eliminated political predictions and looked only at predictions for the economy and social issues, they found that liberals still do better than conservatives at prediction. After Krugman, the most accurate pundits were
Maureen Dowd of The New York Times, former Pennsylvania Governor
Ed Rendell, U.S. Senator
Chuck Schumer (D-NY), and former House Speaker
Nancy Pelosi – all Democrats and/or liberals. Also landing in the “Good” category, however, were conservative columnists
Kathleen Parker and
David Brooks, along with Bush Administration Treasury Secretary
Hank Paulson. Left-leaning columnist
Eugene Robinson of The Washington Post rounded out the “good” list.
Those scoring lowest – “The Ugly” – with negative tallies were conservative columnist Cal Thomas; U.S. Senator Lindsey Graham (R-SC); U.S. Senator Carl Levin (D-MI); U.S. Senator Joe Lieberman, a McCain supporter and Democrat-turned-Independent from Connecticut; Sam Donaldson of ABC; and conservative columnist George Will.More at
http://www.hamilton.edu/news/story/pundits-as-accurate-as-coin-toss-according-to-studyPDF of paper available on
http://www.hamilton.edu/news/polls/pundit