This is from a blog...
Prosperity Palin Style
While I was doing research for another blog post, I happened upon a lamestream media (LA Times) story from 2008 about the massive budget surplus that accumulated under Sarah Palin’s bountiful watch as governor of Alaska.
Try to imagine waking up one morning and reading a newspaper article in which the experts quoted had something like this to say about our nation’s federal budget:
LA Times wrote:
"The surplus just seems to get bigger and bigger," said Oliver Scott Goldsmith, head of the Institute for Social and Economic Research at the University of Alaska. "The state is awash in oil dollars, and the projection is that for the next few years we will have significant surpluses over and above current levels -- in the billions of dollars."
The LA Times article goes on to say, “Estimates of the budget surplus by early next year range from $5 billion to $9 billion, a huge amount in a state of 670,000 people.”
Can you imagine what the politicians currently occupying Washington D.C. would do with such a huge budget surplus...? Not Sarah Palin. She went back to the Alaskan constitution for inspiration.
According to Article 8, Section 2 of the Alaskan Constitution:
“The legislature shall provide for the utilization, development, and conservation of all natural resources belonging to the State...for the maximum benefit of its people.”
So what did Sarah Palin do? She took all those oil revenues, and instead of caving to all the usual boondoggles and special interests, she instead paid down unfunded pension obligations, forward-funded public education, and—get this—she gave every single Alaskan (man, woman, and child) a $1,200 energy rebate check!
When is the last time every person in your family got a rebate check for $1,200 dollars because the government took in more money than it spent?
Some in the lamestream media say that Sarah Palin could not have achieved such a massive surplus if it were not for Alaska’s oil and natural gas revenues.
Fair enough, but they ignore the fact that Governor Palin wants to duplicate her energy successes in Alaska on a national scale. Or to put it in the words of Governor Palin:
Sarah Palin wrote:
“We need to get this economy moving again, and the real stimulus we’ve been waiting for is domestic energy development. We must reduce our dangerous dependence on foreign oil by responsibly developing natural resources here. This will provide good paying jobs, reduce our trade deficit, increase federal and state revenue, ensure environmental standards, and actually stimulate our economy without incurring any debt. That’s real stimulus!”
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