I see where the Tea Party favorite for Senator from Alaska seems to be winning the primary, story here (click).
What is fascinating me, and many commentors, is the statements by Joe Miller that he intends to take Alaska off the federal dole, let Alaskans stand on their own two feet, be free and independent and on and on and on.
As many commentor are saying, “free with what?”
Yes, Alaska has many natural resources, but may we humbly note that those natural resources do not belong to the State of Alaska. They belong to the companies that take them out of the ground and smelt and refine and ship them.
Oil? I am betting that the oil companies will have a thing or two to say about taking over the federal job of building roads in Alaska.
The companies that produce Alaska’s wealth are privately owned. Unless Alaska taxes the crud out of them, or starts taxing their employees (Alaska has no income tax), or unless Mr. Miller has some plan to nationalize the oil companies on a state level, taking the federal dollars out of Alaska is going to leave a large dent in the Alaska budget.
A University of Alaska study shows that one third of all jobs in Alaska depend on federal spending, after all, and Alaska get more than $5 in road funds back for every dollar of road taxes it send to D.C.
As I’ve said before about Utah, which has more than 30,000 direct federal jobs and entire cities that depend on federal spending — Layton? — the Tea Party better be darn careful what it asks for.