Let me be absolutely crystal clear about one thing. The budgets which Sean Parnell has proposed, the legislature has passed and Sean Parnell has signed over the last three years, combined with what he has said on the record about the budgets he intends to propose over the next five years are leading inevitably to one thing: statewide income or sales taxes, if not both, and use for government spending of a portion of the earnings of the Permanent Fund. Period, end of sentence.
As far back as 2011, the University of Alaska-Anchorage’s Institute of Social and Economic Research (ISER) had this to say about Alaska’s fiscal future:
Morning in Alaska …
My appreciation to the Anchorage Daily News, Juneau Empire and Fairbanks News-Miner for running an op-ed piece I wrote. The link to the online versions are here (ADN), here (Empire) and here (News-Miner). I titled the piece “Morning in Alaska.” The ADN ran it as “Alaska spending its way into poorhouse,” which is a quote.
By BRAD KEITHLEY
During the 1984 campaign, President Reagan’s team ran a 60-second ad that has become an all-time classic. Titled “Morning in America,” the spot focused on America’s sense of renewal during Reagan’s first term. It closed with the line, “Why would we ever want to return to where we were less than four short years ago?”
It is not yet “Morning in Alaska.” In fact, Continue reading →
Posted in Immediate Reactions, Published Commentaries