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ROBERT MacCULLOCH: Ardern & Robertson's Well-Being Budgets smashed the well-being of young Kiwis and turned NZ into a happy retirement village

When NZ's Worst Finance Minister Ever, Grant Robertson, retired from politics to become Vice Chancellor of Otago University, the Spinoff reported, "As finance minister & alongside Ardern as PM, Robertson helped spearhead a “wellbeing” approach to government funding, seen most prominently under his successive “wellbeing budgets”. This first began in 2019, with five key areas being targeted including mental health and child wellbeing".


Let's see how they did targeting "well-being". Over the period from 2006-10 to 2021-23, NZ experienced its biggest decline in well-being since records began. Out of 134 countries, we experienced the 26th biggest drop (see below). What group drove the decline? The young. By contrast, the elderly in NZ rank amongst the happiest, at 6th in the world. Although happiness has decreased in all age groups, our young (aged < 30 years old) are now, in 2021-2023, the least happy age group. This is a big change from 2006-2010, when the young were happier than those in midlife groups, and about as happy as those aged 60 & over. The drop was greater for females. Young Kiwis now rank around 27th in the world.


For a government that targeted the mental health of the young, it could not have done more to destroy their lives.


How did Ardern, Hipkins & Robertson manage it? First, they destroyed meritocracy in NZ, whereby the young who had tried hardest & done the best could expect to receive the best job offers & opportunities. Instead the achievements of our youth stopped mattering - other factors came into play to determine whether you would be successful, all in the name of equity. Countries that ditch efficiency to put their entire focus on equity end up with nothing to be divided equally amongst everyone. Second, we knew at the time of the second lockdown at the end of 2021 that it was the elderly who were the chief beneficiaries. The young, who had only the tiniest of chances of being badly afflicted by Covid, had their education and futures sacrificed. It now shows up in the statistics. The elderly are having a ball in NZ whilst the young sink into despair. I almost fell off my chair in 2022 when, in the middle of that year, a student said to me that my class was his first "in-person", not-online, experience during his entire course of study. The whole of 2020, the whole of 2021, and half of 2022 had been wiped in tertiary institutions as students went off campus and on-line.


How ironic that the former Finance Minister, who did so much to lower the well-being of the young, is now the boss of University taking charge of the education of the young.


Change in Wellbeing from 2006-10 to 2021-23



Sources:


Robert MacCulloch holds the Matthew S. Abel Chair of Macroeconomics at Auckland University. Rob blogs at Down To Earth Kiwi 


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130 comentarios


Charlie below has nailed much of it. But we still have to ask ourselves, why would we be so stupid as a voting public to allow someone like Adhern to end up where she did? We all knew her politics, we all knew her background, we all knew her lack of experience and it did not take long to find out that she could obfuscate with the best of them.

Frankly, I don't think she knew what she believed in, but for sure, she believed in political control which she used without any consideration of a transcendent morality. The scourge of socialism Was her mantra.


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Contestando a

Perhaps most voters do not have a very good understanding of politics, government and concerning issues? These things are complicated and most people have not been educated or involved in political parties enough to gain the necessary understanding. Elections tend to be more about offering voters possible rewards in return for their support and misleading them about how much these rewards will cost them. People tend to vote for what they think will benefit them the most and cost them the least. Participation in political parties has decreased hugely since the 1960s. Party membership is much lower than we think. A small number of members are actively involved in their local electorates and even less have influence at the regional or national level.

How can a…

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I ALMOST feel ashamed about how lucky I was to have been born in 1944 and able to grow up before the deluded socialists wrecked everything.

Yes, I am one of the luckiest ever generation that had the benefits of western values, morals, culture, responsible government and the prosperity derived from free market capitalism.

I was born and raised in an era of optimism when we could rely on personal effort, integrity and diligence to better ourselves and provide a better future for our children. The road from where we started to where we wanted to go was open to all.

Get a good practical education so that you could provide other people with something they valued. Work and be productive, earn…

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Rex Ahdar
Rex Ahdar
10 abr
Contestando a

Comment of the week, if not month (and quite possibly, of the year). This should be framed put in the lobby of The Beehive and Te Papa.

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This is the lunacy of hard out socialistic ideology, attempting to establish critical mass. Thankfully NZer's demonstrated their contempt for this flawed concept by booting them out of office, but having done irreparable damage to many peoples work ethic and the entire economy. So what does Grant Robinson do? He takes refuge inside one of the worst possible left-wing hatcheries, Hellbent on churning out more brainwashed losers to infect society with a philosophy doomed to failure. How much can the new coalition change and improve in only 3 years? We can only hope they stay the course and strike a good balance between borrowing more money and improving the standard of living for both the hard workers and the swinging…

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Contestando a

(Wish I could write like this!)

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Hear Hear!

Pooh Bah and Ardone aimed at doing best for themselves. Not a single one of their MP's would have been selected for Office in previous administrations. List Members who do not face the electorate directly and pass their severe voting scrutiny are unsafe.

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Contestando a

rdern tried twice for an electorate seat and missed, it only got in on the list. She must have been bad to miss being elected by a left leaning electorate.

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It is no secret that kids go to uni nowadays to be educated, but instead they get indoctrinated. That happense even when they do something useful like a science degree. Robertson and his mates will be telling us what a wonderful job they are doing down there, but given his past record, we should be under no illusion that won't be the case. Our daughter studied at Vic starting around 9 years ago, and never even considered Otago for a minute. Her reason: 'Why would I spend a pile of money to try and get pissed all day? Much cheaper to stay at home and do that'. Her words.

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