Earlier this week, as part of the “It’s Our Future” campaign, we started running web ads that asserted simply, and correctly, that if those legislators who have voted for state budgets since 2012 are “allowed to continue spending Alaska’s money at the rate we are on, you can kiss the #PFD goodbye.”
We made equally clear that, in casting votes to continue spending far in excess of sustainable levels, those same legislators necessarily are “eyeing” the Permanent Fund earnings because, as the state’s best economic analysts have made clear there will be nowhere else for the state to turn to for revenues at a point in the not too distant future .
The reaction by some has been humorous, in a Greek tragedy sort of way. Rather than deal with the statement on the merits, a few have resorted instead with variations of “you lie.” I suppose when you don’t have the facts on your side that’s about the best you can do. Continue reading