This increasingly ramshackle government continues to astound. They’ve basically done nothing in a year when the country has been dealing with the worst economic crisis in decades. When they have tried to tackle big issues, the result has been incompetent policy produced entirely for political reasons – framed as moderate while paying off big business. Take Treasury’s view of National’s Emissions Trading Scheme:
A Regulatory Impact Statement (RIS) was prepared for these proposals, and independently reviewed by Treasury’s Regulatory Impact Analysis Team (RIAT). RIAT has formed the view that the level and quality of analysis presented is not commensurate with the significance of the proposals, which represent major design changes to the Emissions Trading Scheme, and that the RIS does not provide an adequate basis for informed decision-making. Some key risks identified by RIAT include (but are not limited to) the following:
So, Treasury’s not even getting to the point of saying ‘hey, sweet policy’ or ‘man, this sucks’. They’re just saying ‘what is this rubbish? You can’t seriously be planning on making sweeping changes to the biggest economic policy since GST without even thinking it through first’.
It’s McGovernment: crap that’s bad for you, makes profits for big foreign business, and is served to you by a clown.