The End of Welfare as We Know It
June 19, 2007
Carl Pope, The Huffington Post
Posted June 19, 2007 | 03:48 PM (EST)
Anchorage, AK — America’s last welfare state is also its last frontier — Alaska — a state where, thanks to some progressive planning in the years when oil had been discovered but did not yet own the state, most of the royalty revenues from the North Slope have been kept in a Permanent Fund which, each year, pays every man, women and child resident in the state a welfare payment which this year runs about $1000 — down about 50% from only a few years ago.
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