“Alaskonomics” and Sarah Palin

I think once everyone gets beyond the charming looks and the “hockey mom” persona, they are going to want to know a little about Alaska and Sarah Plain at the helm. 

Not “just like” the lower 48 states… 

  • Alaska ranks number 1 in spending per resident. 
  • Alaska’s tax burden per resident is more than double the national average. 
  • Alaska residents get an annual check for $2,000 from oil revenues PLUS an additional $1,200 (obtained by Palin last year) to take advantage of increasing oil prices (hey, where was the help for the rest of us?!)

The state has four different taxes on oil before it leaves the state. Despite that revenue…

  • Alaska ranks number 1 in money obtained from Washington.
  • Alaska ranks 18th in federal taxes paid by residents ($5,434).
  • Alaska ranks number 1 in federal spending received by residents ($13,950). 

McCain did well choosing someone that is starting to realize “celebrity” status – it may just be what his campaign needed. 

Palin is now getting the same results that Obama has had – voters get distracted by the speeches and ignore the real (performance) issues behind them. I guess voters can get hypnotized by all those pretty lights…

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Comments

  1. SubPar says:

    Funny how she talks about vetoing $500 of gross state spending. That is less than 3% of the state spending!

  2. carrotplease says:

    Wow, that’s some pretty interesting… Oh look! Something shiny!

  3. Godfather says:

    Ok, Carrotplease…I laughed out load when I read your comment!

    thanks!

  4. helenl says:
  5. Mike Lovell says:

    Just so that you have an idea of my economic policy, I once forfeited the whole whopper and opted for the whopper junior. Not only did I save a lot of money, I saved my ever expanding waistline. However, I did save a lot of money by NOT switching to Geico….you’ll never be able to pin me down on economic policy when I run!!!!

  6. Why does none of this surprise me? Oh, that’s right………….they are all the same anyway……..save $1 here, spend $100 there……..it all comes out even……….LOL

  7. Godfather says:

    It is not real money is it?!

  8. Actually that’s because it is NOT their own money, therefore they don’t give a damn how they waste it…..they just throw in those scraps of “we saved a dollar here” to pacify us taxpaying peons who refuse to hold them fully accountable.

    Oh the fantasies I have of what I’d like to do to these people………..unfortunately they are unprintable, even in adult company………..LOL

  9. bilco5 says:

    Alaska is a much different state than the rest of the Union. In ‘06, the population was about 670,000. Only 3 states have a smaller population. Even Rhode Island tops a million. It’s kind of funny that this small group of folks is taxing the heck out of the oil companies (great incentive for pushing development, environment be damned!) and the rest of us in the lower 48 have the Alaskan welfare passed on to us at the pump.

    All this talk about drilling offshore. I just hope that Florida understands what that means. Here is an example:

    http://www.youtube.com/watch?v=YvNgjTOFhv4

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