SitNews - Stories in the News - Ketchikan, Alaska



Let's Save for a Rainy Day!
By Robert D. Warner


January 19, 2006

Wouldn't it be wonderful if the State Legislature makes a wise decision this year and saves most of the recent budget windfall?  Perhaps the bulk of these funds could be placed in a savings account for the next "rainy day."  Some money could also be added to the Permanent Fund to increase dividends to citizens.
Apparently the Governor does not see the need to save significant amounts of this budget surplus.  Could this be a problem of a short memory?  It wasn't that long ago that Alaska citizens were being threatened with a dreaded state income tax and other tax increases.  Now it will be the responsibility of the Legislature to promote savings. 
To use the wise words of the late Rep. Oral Freeman (D - Ketchikan) and late Sen. Robert Ziegler (D - Ketchikan), "let's save for a rainy day!"
Robert D. Warner
Ketchikan, AK - USA

About: Robert Warner has been a Ketchikan resident since 1972 and retired Ketchikan Campus faculty.




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