Obama’s history lesson

As the politicians in Washington continue their bantering and political posturing over the debt limit talks, a lesson from history is in order.

Who remembers who was the House majority leader in 1929? Who was the Senate majority leader? Who was the treasurer of the United States? Who was vice president? The answer is nobody remembers. What they do remember about the stock market crash of October 1929 and the beginning of the Great Depression is that Herbert Hoover was president. Hoover and the Great Depression are inseparable in the annals of history.

So as President Obama continues to play chicken with the pending debt crisis before us, he should heed this warning. He can blame Speaker Boehner, Eric Cantor, the Tea Party or whoever he chooses. But when the United States credit rating falls, we default on our debt and the subsequent collapse of our economy, history will only blame Obama.

History is the only true measure of leadership, or the lack thereof.

Randall Babin

Wallace