Current Trends in Alaska's Economy Nov 2006 - 11/19/2006
We are expecting to have the gas line, be approved, rather, just who is going to come up with the "plan", so that all parties can get a piece of the action.
Like the pipeline, it will bring much money into the economy,right now there is not enough steel available in the world, to even construct the gasline. It will be a 5-to 7 year job when it actually starts- the project, will bring in jobs, people and money into everywhere. My experience is that there is alot of money in this state. For instance the Native $ which, since I am not Native is abundant, the oil revenues must give them their portion. The state spends way too much $, which is a given , so they can cont. to get it,but My son went to the only private prep school in Anchorage for a few years, was from K-12, but just recently went from K-8,( not enough older children, but the other grades are fully booked) They have a yearly auction, to support some of their expenses, or to give grants to kids whose parents cannot afford to pay to go there, but want to,etc. The auction in 2004, collected more money than any private high school in all the 50 states. The $ is here, has been here, and with the gas line going through, say in the next 1-2 years- there will only be more.You will not be able to tell by what the clothes people wear because most Alaskans do not like to dress up, you alot of times will never know if your standing next to a millionaire in line somewhere , we al lok the same. The wives maybe give it away a little more with their jewerly. Lots of Drs.up here the reimbursement rate is very good for their procedures and I am waiting, esp in Anchorage, how many more can come in a still make money, but so far it has not been an issue. Compared to WA, they get triple at least what they would make workig there. But you have to like the state and many wives do not , shopping is not the best stores, and it gets cold here and you have to enjoy this kind of life. It is not for everyone and I am glad about that, its getting too crowded.The People are friendly and when you break down on the side of the road , you do not worry (usually), if the person who does stop to help you, and they will help too, no worries of robbery, hijacking, abuse. At least in my experience and I ran away to come here 13 years ago from the East Coast and I am not leaving. i tried to , something brings you back. You get hooked.[read more...]