text: The two foundational “principles” of the Alaska Legislature is: spend what we do not have and pay what we have to private companies in cash and tax credits to create an illusion of a healthy economy. 
  
  If all tax credits and cash subsidies were eliminated, then would no company be willing to invest in production to bring to market natural resources from our state?
  
  Our $3.5 or is it $3.8 or $4.2 billion, BILLION-dollar deficit, is very principled and has resulted in spending more than $15,000 per person in the state and paying private companies to “earn” their company profits.
  
  How much more principled can you get?
  
  Failing grades for fiscal responsibility and sound economic policy go to:  Rep. Cathy Munoz, R-Juneau, Rep. Jim Colver, R-Palmer, Rep. Tammie Wilson, R-North Pole.
  
  Passing grades to: Rep. Dave Talerico, R-Healy, Fairbanks Rep. David Guttenberg, D-Fairbanks.
  
  A nod of respect to Rep. Lynn Gattis, R-Wasilla for her principled stand on state employee pay raises.