McClatchy DC Logo

Commentary: Despite economic slump, Alaska is better off than most states | McClatchy Washington Bureau

×
    • Customer Service
    • Mobile & Apps
    • Contact Us
    • Newsletters
    • Subscriber Services

    • All White House
    • Russia
    • All Congress
    • Budget
    • All Justice
    • Supreme Court
    • DOJ
    • Criminal Justice
    • All Elections
    • Campaigns
    • Midterms
    • The Influencer Series
    • All Policy
    • National Security
    • Guantanamo
    • Environment
    • Climate
    • Energy
    • Water Rights
    • Guns
    • Poverty
    • Health Care
    • Immigration
    • Trade
    • Civil Rights
    • Agriculture
    • Technology
    • Cybersecurity
    • All Nation & World
    • National
    • Regional
    • The East
    • The West
    • The Midwest
    • The South
    • World
    • Diplomacy
    • Latin America
    • Investigations
  • Podcasts
    • All Opinion
    • Political Cartoons

  • Our Newsrooms

Opinion

Commentary: Despite economic slump, Alaska is better off than most states

The Anchorage Daily News

    ORDER REPRINT →

January 22, 2010 12:52 PM

Gov. Sean Parnell didn't use the exact phrase in his speech Wednesday night, but compared to the rest of the country, the state of the state is good.

While the national economic storm has definitely hit Alaska, we've been spared the epidemic of home foreclosures and plant closings seen in many other parts of the country.

Alaska's state treasury has $8 billion in ready reserves and the Permanent Fund has rebounded to $35 billion. We do not have to lay off state troopers and prison guards or close state parks. Lawmakers will be able to add money to K-12 schools this year, while other states have to slash their education budgets.

We take for granted that we still don't have to pay any state sales tax or personal income tax. Last year, each of us Alaskans got a check for $1,305 just for being smart enough to live here. This year's payout should be similar.

SIGN UP

Unlike other states, Alaska does have money to invest in making life better for us all and Governor Parnell pitched legislators on some smart ways to do it.

To read the complete editorial, visit www.adn.com.

  Comments  

Videos

“It’s not mine,” Pompeo says of New York Times op-ed

Trump and Putin shake hands at G20 Summit

View More Video

Trending Stories

Cell signal puts Cohen outside Prague around time of purported Russian meeting

December 27, 2018 10:36 AM

Sources: Mueller has evidence Cohen was in Prague in 2016, confirming part of dossier

April 13, 2018 06:08 PM

Ted Cruz’s anti-Obamacare crusade continues with few allies

December 24, 2018 10:33 AM

California Republicans fear even bigger trouble ahead for their wounded party

December 27, 2018 09:37 AM

Hundreds of sex abuse allegations found in fundamental Baptist churches across U.S.

December 09, 2018 06:30 AM

Read Next

This is not what Vladimir Putin wanted for Christmas

Opinion

This is not what Vladimir Putin wanted for Christmas

By Markos Kounalakis

    ORDER REPRINT →

December 20, 2018 05:12 PM

Orthodox Christian religious leaders worldwide are weakening an important institution that gave the Russian president outsize power and legitimacy.

KEEP READING

MORE OPINION

The solution to the juvenile delinquency problem in our nation’s politics

Opinion

The solution to the juvenile delinquency problem in our nation’s politics

December 18, 2018 06:00 AM
High-flying U.S. car execs often crash when when they run into foreign laws

Opinion

High-flying U.S. car execs often crash when when they run into foreign laws

December 13, 2018 06:09 PM
Putin wants to divide the West. Can Trump thwart his plan?

Opinion

Putin wants to divide the West. Can Trump thwart his plan?

December 11, 2018 06:00 AM
George H.W. Bush, Pearl Harbor and America’s other fallen

Opinion

George H.W. Bush, Pearl Harbor and America’s other fallen

December 07, 2018 03:42 AM
George H.W. Bush’s secret legacy: his little-known kind gestures to many

Opinion

George H.W. Bush’s secret legacy: his little-known kind gestures to many

December 04, 2018 06:00 AM
Nicaragua’s ‘House of Cards’ stars another corrupt and powerful couple

Opinion

Nicaragua’s ‘House of Cards’ stars another corrupt and powerful couple

November 29, 2018 07:50 PM
Take Us With You

Real-time updates and all local stories you want right in the palm of your hand.

Icon for mobile apps

McClatchy Washington Bureau App

View Newsletters

Subscriptions
  • Newsletters
Learn More
  • Customer Service
  • Securely Share News Tips
  • Contact Us
Advertising
  • Advertise With Us
Copyright
Privacy Policy
Terms of Service


Back to Story