No doubt the size of State government could and should be reduced, but it isn't going to be by an Administration owned by public employee unions and consumers of the largest State programs, education and social services.   If the Legislature meaningfully reduces the size of State government, every Majority incumbent will have a Democrat or false-flag Republican running against him/her promising to restore the cuts.   I think some are thinking of making the "dividend" into a tax-supported program so that it is unlinked from the Permanent Fund.   One who might want to use the Fund to finance or provide the collateral for a very large project might want to do something like that.