This Stimulus Plan Could Keep America Dependent on Washington For Years To Come

Tax Increases Could Kill the Recovery - WSJ.com: "The barrage of tax increases proposed in President Barack Obama's budget could, if enacted by Congress, kill any chance of an early and sustained recovery.

Historians and economists who've studied the 1930s conclude that the tax increases passed during that decade derailed the recovery and slowed the decline in unemployment. That was true of the 1935 tax on corporate earnings and of the 1937 introduction of the payroll tax. Japan did the same destructive thing by raising its value-added tax rate in 1997."

Much as the sainted FDR dragged out the Great Depression, President Obama is on course to make this downturn last 3 or more times longer than it should. I hate to be so cynical, but I am not sure the Democrats would mind such a scenario. It worked out pretty well for Roosevelt.