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About the Alaska oil fund checks . . .

Well, maybe not SO successful . . . right now the Governor is going to be cutting services in a rather extraordinary way . . .
. . . all so the checks to Alaska citizens can continue (something he campaigned on).

Alaska's also one of the states who take more money from the Federal government than they pay in:

Contrast that to Norway, where they decided that this revenue (North Sea oil) should be put in a sovereign wealth fund (currently the largest in the world with $1 trillion in assets) that would allow them stability over the long term (given the volatile prices of oil, plus to provide for a future when the oil runs out or declines significantly). They do NOT spend on current budgets (which has been somewhat controversial in Norway). They easily could have written checks to Norwegians, or cut taxes significantly . . . but they haven't.

Who is better off in the long run?
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