Visual Studio 2010 not autolinking static libraries from projects that are dependencies as it should be supposed to

• Create a new solution with a C++ console command-line project
• Create a new project, a C++ static library
• Make the command-line project depend on the library
• Make sure "Link Library Dependencies" is turned on in Configuration => Linker => General (it is by default)
• Visual Studio will still not link the library.

How can I fix this? It worked in Visual Studio 2008.