Large Scale Central

Alaskan economics

Taken from this piece

http://www.time.com/time/politics/article/0,8599,1839724,00.html

"Alaska is, in essence, an adjunct member of OPEC. It has four different taxes on oil, which produce more than 89% of the state’s unrestricted revenue. On average, three-quarters of the value of a barrel of oil is taken by the state government before that oil is permitted to leave the state. Alaska residents each get a yearly check for about $2,000 from oil revenues, plus an additional $1,200 pushed through by Palin last year to take advantage of rising oil prices. Any sympathy the governor of Alaska expresses for folks in the lower 48 who are suffering from high gas prices or can’t afford to heat their homes is strictly crocodile tears.

As if it couldn’t support itself, Alaska also ranks No. 1, year after year, in money it sucks in from Washington. In 2005 (the most recent figures), according to the Tax Foundation, Alaska ranked 18th in federal taxes paid per resident ($5,434) but first in federal spending received per resident ($13,950). Its ratio of federal spending received to federal taxes paid ranks third among the 50 states, and in the absolute amount it receives from Washington over and above the amount it sends to Washington, Alaska ranks No. 1."

It’s only fair to note that 2005 was BEFORE she was governor. There’s little indication, however, that she aimed to bring that figure down.

So thank Sarah Palin, in part, for rising gas prices?

Mike,

That’s how it should be in any oil producing country! It’s a non-renewable resource that leaves plenty of environmental damage behind which has to be remedied.

Sure, HJ. Just doesn’t square with the “fiscal conservative” small government maverick image.

I’m shocked, shocked, to find lies and hypocrisy in politics!

Hans-Joerg Mueller said:
Mike,

That’s how it should be in any oil producing country! It’s a non-renewable resource that leaves plenty of environmental damage behind which has to be remedied.


HJ,
They are building the environmental damage in the Middle East with the dollars they’ve sucked out of us. Spending billions for some of the ugliest buildings imaginable.
The Pharaoh’s of days past are alive and well in the Middle East.
Ralph

Ralph Berg said:
Hans-Joerg Mueller said:
Mike,

That’s how it should be in any oil producing country! It’s a non-renewable resource that leaves plenty of environmental damage behind which has to be remedied.


HJ,
They are building the environmental damage in the Middle East with the dollars they’ve sucked out of us. Spending billions for some of the ugliest buildings imaginable.
The Pharaoh’s of days past are alive and well in the Middle East.
Ralph

Yeah, question is will there be any tourists in three thousand years?

Sshhhh!! HJ.

Don’tcha know there ain’t no such thing as Global Warming?
Let alone Climate Change or Environmental damage.

Just gotta get at that oil so we can keep on consuming without a pause.

Boy Mike, how can she be the solution to the problem while being part of the problem? :wink:

-Brian