Guest Editorial

Fantasy dividend a waste of everyone’s time

Once again, Alaska legislators have gaveled back into special session because Gov. Mike Dunleavy wants to show his constituents that he believes in one thing above all else: The largest Permanent Fund dividend in state history.

He’s like a wide-eyed kid in the candy shop, only he’s got a record-setting Permanent Fund balance jingling in his pockets and wants to spend some of it to buy chocolates for everyone in the state. Talk about a dangerous sweet tooth that can only decay the future growth potential of the state’s only savings account.

A long-term plan to pay for schools, the state ferries...


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