The former governor has a lot to teach Washington about earning a strong credit rating. Her secret: raise taxes.
In light of Friday's decision by Standard and Poor's to downgrade the United States' credit rating to AA+, it's worth mentioning again -- as I first did in this Atlantic piece -- that Alaska recently had its bond rating raised to AAA for the first time in the state's history, largely due to fiscal improvements brought about by Sarah Palin while she was governor. The state currently enjoys a $12 billion budget surplus. I was reminded of this fact over the weekend by Ian Lazaren, the indefatigable supporter-cultist behind Conservatives4Palin.com.
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