Category: Economic Issues
The most likely long-term outcome of the 3Waters reform is that the assumed cost and capital efficiencies will not materialise, due to a cumbersome governance structure subservient to cultural interests. The water reform is a high-risk proposition, with much higher risks that that faced by the 67 local authorities individually.
What we have seen is false advertising and orchestrated ‘news’ items on mainstream media to promote a perception that there is a need for reform. We have been given false assurances that the councils will retain ‘ownership’ of their water assets despite councils having no benefits of ownership and a report prepared by the Internal Affairs Department for Standard & Poors admitting water entities will have “limited Local Authority oversight”.
There is a widespread public misunderstanding about the testing the vaccines underwent in the pivotal trials underpinning their approval, with over 95 percent of New Zealand’s voting-age public believing that the vaccines were tested against more demanding criteria than was actually the case.
Labour needed a circuit breaker to arrest its decline in the polls and regain control of the political narrative. But turning the country into a nation of beneficiaries is not the answer!
The Labour Party will not thank Robertson if they are still too close to National in the polls next Budget and he has no money to spend. Prudence can have a price in politics
The other alternative to democracy and the free-market system and one gaining a lot of airtime among the “intelligentsia” in New Zealand is that of tribal control of the means of production and exchange whereby each tribe owns and controls its own assets and, human nature being what it is defends them from the covetous eyes of its neighbours.