All the arguments in one handy location – thank you Rod Oram, who in his SSTimes column says:
…All it [the report] can say is: we’re not sure what the problems are or what we can do about them. But much lower taxes, government spending and regulation will do the trick. It offers no evidence or modelling for its lazy conclusion. Instead it devotes, for example, more than 30 pages to regulation, 100 times the space it devotes to human capital and skills.
The taskforce is devoid of new insight or useful new recommendations because its chairman’s skills are so limited. Brash is a very macro economist and, worse, one who is often highly theoretical.
Nonetheless, he and his political colleagues have done us a great service. They have shown they have nothing useful to say to people trying to progress New Zealand. Instead, they have locked themselves in the Isolation Booth and thrown away the key.
I just wish that their arguments were stuck in that isolation booth, never to see the light of day again!