7-15-19 A Tale of Two Teachers

"It was the best of times; it was the worst of times... Alaska Budget Graph "...it was the age of wealth, it was the epoch of waste," we paraphrase with apologies to Charles Dickens. For over four decades Alaska's great Prudhoe Bay wealth elevated the sparsely populated, largest state in the U.S. to the biggest per capita spender. Its public officials knowingly created an unsustainable budget.  They knew that North Slope production would decline but allowed their policies to create a state budget that was over 3/4 [...]