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sarah553807 Donating Member (329 posts) Send PM | Profile | Ignore Tue Jun-09-09 09:39 PM
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Sarah Palin Economics101
WARNING:I'M NOT MAKING THIS SHIT UP


During a recent interview with Fox News’s Sean Hannity, Alaska Gov. Sarah Palin (R) once again criticized President Obama for “spreading the wealth” while at the same time boasting that Alaska spreads its own wealth. “We have a share of our oil resource revenue goes back to the people who own the resources. Imagine that,” she said. But somewhat shockingly, later in the interview (and in a part that did not air on Hannity’s program last night) Palin actually said that she would rather have Alaska pull in less money in oil revenues that more:


HANNITY: The price of oil is going up again. It’s not quite at $140 a barrel, but it’s certainly on its way up to $70 and $80.

PALIN: Yeah, well and I thank God it’s not at $140. You know people say, “Hey, Alaska! Eight-five percent of your state budget is based on the price of a barrel of oil. Aren’t you glad the price is going up?” I say, “No!” The fewer dollars that the state of Alaska government has, the fewer dollars we spend. And that’s good for our families and for the private sector.




The Mudflats writes, “The less we have, the less we spend? And here we all were worried about the economy. So exactly how much of the 85% of our state budget does she wish will go away? Inquiring Alaskan minds want to know. Welcome to the 2012 election.”

http://thinkprogress.org/2009/06/09/palin-oil-revenue/#comments">Think Progress
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Colobo Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-09-09 09:41 PM
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1. Caribou Barbie definitely failed her economics class.
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Catshrink Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-09-09 09:44 PM
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2. Actually, Alaska is one of the states that gets more than it pays from the fed.
I'm sure a lot of that goes to military and native peoples but Alaska does indeed spend more than it earns. (I think that came out right.)
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jberryhill Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-10-09 06:06 AM
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5. Alaska Has Been A Spending Boondoggle From Day One

Did we get a receipt from the Russians?
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LiberalFighter Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-10-09 08:35 AM
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7. And they don't spend much for those in need up there.
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DrToast Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-09-09 09:48 PM
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3. So if we destroy all the money, we'll be rich!
:shrug:
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old mark Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Jun-10-09 06:11 AM
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6. How would you like to be the next Republican candidate for President?
You have a knack for economics!

mark:fistbump:
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Xipe Totec Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-09-09 09:56 PM
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4. Epic FAIL
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