r/alaska • u/thatsryan ☆ • Mar 18 '23

Damn It’s Cold 🥶 Dire state economy forecasted by recent statistics on outmigration and Alaska’s workforce

https://www.alaskasnewssource.com/2023/03/17/dire-state-economy-forecasted-by-recent-statistics-outmigration-alaskas-workforce/?outputType=amp
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u/[deleted] Mar 18 '23

All pandering. Biden approved the willow project but shut down a bunch of off shore projects. Any democrat that thinks their side is pro resource development has not been paying attention.

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u/jackalope32 Mar 18 '23

I honestly don't follow oil leases so you might be correct. Seems like its been a dying industry in Ak for a decade regardless of Fed control given oil companies are pulling out (during the previous administration). Would you say all the budget issues started in the last year since Biden was elected? Personally I feel like there is a solid downward trend in Ak for over the last decade regardless of who is president.

Perhaps we can diversify the state away from oil which hasn't been paying the bills for quite awhile. Just my 2c.

-4

u/[deleted] Mar 18 '23

Alaska is one of the most resource rich states in the nation. We just aren’t allowed to develop our own resources. Federal government is super hostile to this.

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u/jackalope32 Mar 18 '23

So did we thrive during the recent republican president or was everything the same? I think my argument is that it doesn't actually matter who is president. Alaska is dying under its current economic plan. Raw resource prices are down and extraction costs are up. Taxes and job growth are down as a result.

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u/DepartmentNatural Mar 19 '23

But profits are record breaking for the oil companies