Cutting through the fiscal cacophony currently rampant in Juneau and elsewhere, UAA Professor Emeritus and former ISER Director Dr. Scott Goldsmith said this about the state’s current fiscal crisis:
But we don’t have to go down that path. If managed properly, income from Alaska’s assets — oil revenues and earnings from all our financial accounts (including the Permanent Fund, which was created to take over the support of public services from declining petroleum revenues) — can sustain both a $2,000 dividend and a stable and predictable state budget of about $4.5 billion, growing with inflation and population, long into the future.
The full piece is here. If you care anything about this issue — and all Alaskans should — you should read it … maybe several times.