June 4, 2020
The COVID-19 pandemic has dominated our lives, and it has been the focus of Alaska leaders in an effort to slow the spread. However, I also want to begin focusing on what we will face once the pandemic subsides. Alaska has challenges different and greater than other states, such as the following declines in: the financial markets tied to the Permanent Fund, demand for seafood, the visitor industry, the rural healthcare system, and the oil industry. The Alaska economy cannot be rebuilt unless we fully understand the unique impacts of these fiscal ‘earthquakes.’
There has been a dramatic...