We all agree, that we need to make more money

By To the editor:

Hello Friends,

This is Huhnkie Lee again, running for 2022 US Senate as an independent Alaskan.

I study Alaskan political history in my spare time nowadays. I learned that Alaska state government depend on oil industry too much. When oil price goes down, Alaska government experiences budget deficit. Former Governor Bill Walker tried to balance the budget by instituting state-level individual income tax and by redirecting PFD money. ‘Twas unpopular, so he’s un-elected. His successor, Governor Dunleavy, had a different solution: reduce social welfare programs. Didn’t quite work either, as he faced the Recall-Dunleavy-Campaign that got more than enough Alaskan signatures.

I’m not running for governorship next year, but I’m here to help. What I’d do is to increase the money coming in to the state government, no decreasing money going out. So how can Alaska keep the PFD, prevent state-level individual income tax, and keep the social welfare programs that so many Alaskans depend upon? Any thoughts?

So we all agree, that we need to make more money. We can’t just print out more money, because if we do, money becomes toxic: it’ll only cause inflation. Millionaires like Obama, Trump, Biden won’t feel a thing when prices go up. Only the rest of us suffer from inflation, because our salary/wage levels does not increase as fast as the prices increase. The solution to inflation is to produce goods and services that sell.

How about $500,000,000 gold/copper/molybdenum in Pebble Mine, how about $500,000,000 ANWR Oil? They say money doesn’t grow on a tree. What if money is buried under the ground and all we gotta do is dig it up? One-trillion-dollar worth of good stuffs, the underground treasure trove. Once dug up, they’ll sell like pancakes.

We understand environmental concerns. But, ladies and gentlemen, mind you, engineering is all about problem-solving. When a good engineer encounters an obstacle, s/he doesn’t just quit. S/he solves the problem. That’s what engineers do. They solve problems. Everyday.

Salmons next to Pebble, that’s a problem. Solution? Hydrocyclone technology. It works like a washing machine. You got a filter and spin it to separate clothes and water, by using centrifugal force. Hydrocyclonic drum is used to filter toilet/kitchen water. We can use the same technology to filter the mining waste water. Then we use the mining solid waste to build roads as asphalt/cement.

For more, please see: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3890437

Thank you!

Huhnkie Lee,

Wasilla