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you pay 3000 a month in house payments? (that would make the PFD half your house payment) If you do, you aren't an average alaskan. You are way, way above the average. 1500 is much more "enriching" lower on the income scale.
I understand the reasoning behind PFD, without it the state would be just as willing to drill and would just blow all the money on projects.
But the PFD still creates a demand to drill. The legislature votes to drill and pushes for it to get their constitutents votes. Knowning the, "hey we'll give you free money", always buys an election.
You have problems up there because your economy is built on raw goods. You aren't much better off than Saudi Arabia or Qatar. There is a phantom wealth in that oil because it is not stable. The only difference is that the state shares the wealth a bit.
Raw goods fluctuate in value rapidly, and dwindling supplies make your long term prospects poor.
The population in Alaska is artificially inflated. And it is showing right now with your cuts in education and state jobs.
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And please, if you think I got any of this wrong, feel free to try and educate us.
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