"Those who fail to learn from history are doomed to repeat it". Does this describe Obama's thinking or lack of?

What happened when Wilson increased taxes, increased government spending for public works through deficit spending, and put more regulations on business? DEPRESSION What happened when Hoover increased taxes, increased government spending for public works through deficit spending, and put more regulations on... show more What happened when Wilson increased taxes, increased government spending for public works through deficit spending, and put more regulations on business? DEPRESSION

What happened when Hoover increased taxes, increased government spending for public works through deficit spending, and put more regulations on business? DEPRESSION

What happened when F.D. Roosevelt increased taxes, increased government spending for public works through deficit spending, and put more regulations on business? DEPRESSION

What will happen if Obama increases taxes, increases government spending for public works through deficit spending, and puts more regulations on business?
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