Raising Taxes Stops Recession

Hoover and FDR aptly proved that soaking the rich not only makes us feel better, it stops recessions dead in their tracks -- Causes depressions.

If we needed further proof, we need only look to the Carter administration. Raising the top marginal tax rate to nearly 70% and inflicting windfall profit taxes on evil oil companies once again had a delightfully cathartic effect, which helped salve the assuredly unrelated "malaise" that struck the country under his watch.

As Obamunism is rolled out as New Deal II to the Republic, it's worth keeping in mind that the FDR New Deal turned a few years recession into a full blown decades long depression, which was ended by the necessity of WWII.