Wrangell Sentinel -

Editorial: Tell the whole truth


January 14, 2021

To help gain support for his proposal to pay Alaskans $5,000 in Permanent Fund dividends this year, Gov. Mike Dunleavy cites numbers that the Alaska Permanent Fund gained $10 billion on its investments March 31 through Nov. 30, 2020. The state can afford the extra spending, he says.

That's not entirely accurate. It's misleading.

Before the fund gained $10 billion in eight months, it lost $7 billion in the first three months of the year.

But the governor is not talking about those money-losing months. It's like telling your partner you won $1,000 at the slots and it's OK to spend the money,...

For access to this article please sign in or subscribe.


Reader Comments(0)


Powered by ROAR Online Publication Software from Lions Light Corporation
© Copyright 2021