Frontiers Extra: Alaska’s Nest Egg
The Permanent Fund and its interest income were the focus of the most recent Frontiers program.
We went back to 1976, the year the Alaska Permanent Fund was created. Many Alaskans believe the fund was set up to be a dividend machine.
Others feel it was supposed to be a rainy day account, when oil revenue ran dry. Cliff Groh of Alaska Common Ground weighs in to set the record straight about the purpose of Alaska’s nest egg.