‘Redskins Rule’ Predicts Outcome Of Presidential Election

'Redskins Rule' Predicts Outcome Of Presidential ElectionThe Carolina Panthers beat the Redskins in Washington on Sunday, which should translate into a win for Mitt Romney on Election Day, if history is any indication. How do we figure? It’s the remarkably accurate Redskins Rule that forecasts the result of presidential elections.

‘Correct 17 out of 18 times’

Here’s what the Redskins Rule means: If the Redskins win their last home game before the presidential election, then the incumbent party retains the White House. If the Redskins lose, then the incumbent party is voted out. The Redskins Rule has been correct 17 of 18 times. The Panthers, who entered Sunday with a five-game losing streak, won 21-13 at FedEx Field thanks in part to four sacks of Redskins quarterback Robert Griffin III.

The rule traces all the way back to 1940, the first presidential election year in which the Redskins were playing in Washington. But it wasn’t discovered until 2000 when Steve Hirdt of the Elias Sports Bureau was doing research in advance of the Monday Night Football game between the Redskins and Titans in Washington a week before the election.

‘Prelude to the election’

The only exception has been 2004 when the Redskins lost to the Packers. According to the rule, that meant incumbent president George W. Bush should’ve lost the election to John Kerry. But after Bush won, Hirdt fine-tuned the language of the rule to account for this blip. But even without the revision, a 94.4 percent success rate is difficult to ignore.

In that same time frame, the result of the World Series has also been cited as a prelude to the election. The correlation is simple. If an American League team wins the World Series, then it follows that the Republican will take the election. If a National League team wins, then it’s good news for the Democratic candidate. This rule has held true in 13 of the 18 elections — 72.2 percent — including the past three. With the National League champion Giants sweeping the Tigers in the World Series, that is a positive omen for Obama.

Are you in favor of the Redskins Rule or the World Series Rule? Obama or Romney?

Source: Yahoo News

Image: The Daily Beast

Will Asia Surpass Western Universities In Higher Education?

By the end of this decade, four out of every 10 of the world’s young graduates are going to come from just two countries – China and India. The projection from the Organisation for Economic Co-operation and Development (OECD) shows a far-reaching shift in the balance of graduate numbers, with the rising Asian economies accelerating ahead of the United States and western Europe.

The forecasts for the shape of the “global talent pool” in 2020 show China as rapidly expanding its graduate numbers – set to account for 29% of the world’s graduates aged between 25 and 34. The biggest faller is going to be the United States – down to 11% – and for the first time pushed into third place, behind India.

Their rise in graduate numbers reflects their changing ambitions – wanting to compete against advanced economies for high-skill, high-income employment. Instead of offering low-cost manufacture, they are targeting the hi-tech professional jobs that have become the preserve of the Westernised middle classes.

This push for more graduates has a clear economic purpose, says the OECD’s analysis. Shifting from “mass production to knowledge economy occupations” means improved employment rates and earnings – so there are “strong incentives” for countries to expand higher education. But will there be enough graduate jobs to go round?

The OECD has tried to analyse this by looking at one aspect of the jobs market – science and technology-related occupations. These jobs have grown rapidly – and the report suggests it is an example of how expanding higher education can generate new types of employment. These science and technology jobs – for professionals and technicians – account for about four in every 10 jobs in some Scandinavian and northern European countries, the OECD suggests. The OECD concludes that there are substantial economic benefits from investing in higher education – creating new jobs for the better-educated as unskilled manufacturing jobs disappear.

How important for you is higher education? Do you think Asian countries will indeed surpass the West in terms of higher education?

Source: BBC News

Image: Business Insider