A Quote by James Surowiecki
Markets work best when there's lots of information available and a historical track record to go on; they excel at predicting things like horse races, election outcomes, and box-office results. But they're bad at predicting things like who will be the next Supreme Court nominee, as that depends on the whim of the president.
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Whether it's before the election or after the election, the principle is the American people are choosing their next president and their next president should pick this Supreme Court nominee.
The track record of economists in predicting events is monstrously bad. It is beyond simplification; it is like medieval medicine.
I never want to be in the business of predicting what the U.S. Supreme Court will do.
At a very young age I was predicting outcomes, trying to take all the information and find the best route to wherever I was going. I avoided a lot of pitfalls because of that.
I am not predicting here that Obama will fail like Jimmy Carter. What I am predicting is the Republican Party is not extinct and will after a period of time become a strong opposition party.
I believe there is true expertise in some endeavors, and not in others. There is obviously no such thing as expertise in predicting the results of coin tosses, but there is expertise in predicting the behavior of lasers.
To understand the difficulty of predicting the next 100 years, we have to appreciate the difficulty that the people of 1900 had in predicting the world of 2000.
[Donald] Trump has said he will accept the results of the election - if he wins. And he has said the only way he can lose the election is if it's stolen from him. Weeks before any votes were cast, he was predicting widespread voter fraud. So if he loses, what does he do?
When it comes to the Supreme Court, the American people have only two times when they have any input into how our Constitution is interpreted and who will have the privilege to do so.First, we elect a president who has the power to nominate justices to the Supreme Court.Second, the people, acting through their representatives in the Senate, have their say on whether the president's nominee should in fact be confirmed.
Now, President Obama has to make a decision. He can either propose a nominee who can win over the majority in the Senate or defer his choice to the voters, who in November will elect a new President and a new Senate, which will be responsible for confirming a nominee who will provide balance to the Supreme Court.
I find that predicting the course of our lives is like predicting the weather. You might be able to predict your future in the short term, but the longer you look ahead, the less likely you are to be correct.
And if I were the president, I'd go out there and I'd emphasize the things I have done, and I'd say, 'Some things haven't worked, and I'm sorry about that, but I keep trying.' And I'm - and I think the president is a very viable candidate, and you're going to have a real horse race here no matter who the Republican nominee is.
It's been 80 years since the Senate has confirmed a Supreme Court nominee who was nominated during an election. And particularly when the court hangs in the balance, it makes no sense whatsoever to give Barack Obama the power to jam through a judge in the final election year.
Sometimes, when asked the what-do-you-do question, it occurs to me to say that I work for the government. I have a government job, essential to national security. I AM A CITIZEN. Like the Supreme Court judges, my job is for life, and the well-being of my country depends on me. It seems fair to think that I should be held accountable for my record in the same way I expect accountability from those who seek elected office. I would like to be able to say that I can stand on my record and am proud of it.
Class warfare always sounds good. Taking action against the rich and the powerful and making 'em pay for what they do, it always sounds good. But that's not the job of the Supreme Court. The Supreme Court standing on the side of the American people? The Supreme Court adjudicates the law. The Supreme Court determines the constitutionality of things and other things. The Supreme Court's gotten way out of focus, in my opinion.
When President Donald Trump nominated Judge Neil Gorsuch to serve on the Supreme Court, I said that he deserved a fair hearing and a vote. I said this even though Senate Republicans filibustered dozens of President Obama's judicial nominees and then stopped President Obama's Supreme Court nominee, Judge Merrick Garland.
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