In the Legislature these professional busybodies who have only had to spend money (or wait for the price of oil to increase) are now incapable of performing because, as you can see today, they broke the system of government by closing the forum of debate with their beloved secretive caucus system where blind loyalty is traded for power and local spending. 

We are facing assured declining production of oil over time and a relatively small population to fund state and local government without resorting to  taxes that are truly confiscatory.  At this time given the personalities in charge and a  broken legislative process there is now no solution that won't result simply from the passage of time and the draining of our savings. If nothing changes, soon enough we will have to decide first to spend all the earning or the Permanent Fund to provide  government services. Next we will decide to spend the principal of the Permanent Fund.