To the editor: I have a deep and troubling foreboding for the economic future of Alaska. I have worked hard to build my home and community and nurture our economy since I arrived in Alaska 41 years ago. As a business owner, I have endured several of the natural up and down cycles of the Alaska economy. The cycles until now have been the natural boom and bust economy of Alaska.
One man’s actions now threaten Alaska with an avoidable, self-inflicted, government-created economic depression. The results of the governor’s vetoes will certainly not turn out to be in the best interests of the Alaska people.
We have elected our legislators to lead us in these difficult times.
I urge legislators to 1. override the governor’s vetoes; 2. develop a five-year plan that will provide a reasonable balance between conducting the state’s business and an affordable PFD (A balance, please); 3. plan for a gradual reduction in state spending that will eventually bring us to an equilibrium with state income; 4. not bankrupt the permanent fund — use the percent of market value concept to determine the state budget; 5. consider implementing a state income tax or sales tax — reasonable citizens will pay for their services.
Have courage. Do what is right for the Alaska people.
When one political party “wins” in the struggle for control, the people always lose. Learn how to work together and compromise.