Labor Day is around the corner.
In the stock market, pundits are advised to either predict the magnitude of an event, or the date, but not both.
Pat’s doing both here—risky for a forecaster.
I don’t think it’s risky, because money isn’t at stake. Think how many news stories/predictions have gone down the memory hole. Plus, it’s Pat Buchanan.
It’s no surprise that big businesses are in support of Obama’s amnesty.
Yes, it is more risky to predict both the date and the time here as you point out. In the stock market there can be greater reward for taking more risk, so that could come Buchanan’s way here with this prediction. On the downside if he has wrong, he has still been a champion of this whole issue going back at least to his run for President, and probably a lot longer.