Debt and Tax Cuts,

debt and tax cuts,
go together like love and cha-nge...
you can't have one without the - other.
Well...not exactly but close enough for government work. BTW, what the heck does running a business have to do with running a government? Well one important feature is investment. While profit is not really the purpose of government, let alone the main point of any needs related services, let alone infrastructure, health care, education, insurance and banking.

Investment seems a basic feature that even those in business don't understand when it comes to their own tax situation. And when it comes to taxes cuts it is a no brainer that they increase debt. It is a fallacy that cutting taxes increase revenues. That only works on one side of the Laffer Curve not the other. i.e. it is a bell curve.

And apparently no means yes in some cirles, while apparently the tea party does not understand "taxation without representation". A prohibition of legislative change to an initiative means that what is not in the initiative can be in the future. But not without the legislature paying a price they do not want to pay now. In other words the only way to prevent the possibility of change is to takeaway the possibility of representation and politics to have an effect. When it comes to what is not in the ads or not on the table, it is as ridiculous(if not more so) to claim that supporters of I-1098 are not telling you it is an income tax, (5% over $200K for single/$400K for couples or 1% of the tax filers) as it is that the same ads don't mention a 20% reduction in state property taxes and an over 1000%* increase in the B&O TAX CREDIT which will bring the benefit to 80% of businesses.
* actually this is my calculation of $420 being raised to $4800

Net Roots or Grass Tip Memo

We are not alone in thinking we have the solutions, but sometimes it takes enough information and expertise to get things done, let alone right. Frustration and fiat are not enough! And often the media serves both rather than fact. In fact, given the relationship between the media and some of the culprits, and an often said reliance on them for information, there is only more information that needs to be filtered or weeded out[**]. This applies to fixing the economic bubble in the stratosphere and the bathyspheric leak* in the our planet. Excuses are lame, but solutions might be unprecedented.
[update: two comments and reining link.]

*only a geographic reference(link) to the President's Press Conference
[**] it took me a while to catch this pun See Update Under Construction.

You are not alone...

in not making much economic sense. There are always people who think they know better, it does not mean they have solutions to the problems. There is a case for change, but until there is enough, there are still the same solutions needed*. That is not to say there can't be too much. There can. And Obama isn't it. Too much change that is, but hopefully, incrementally just enough.

We must have a design with an intention, not just a bottom line that starts at the top. Those that see the deficit as the greatest problem and cutting spending as the simplest solution, should know better**, not that it influences their success or advice.

* proper investments(not just jobs) are needed along with top down reform of the "invisible hand" and "bubble" blowing; a tweaking or replacement of Keynesian economics.

** 5-28-10 the other Washington link and labels(I-1098)added.