After years of aspirational leadership, we’ve been served a cold slice of reality in place of the delectable cake of good intentions. Headlines announcing former Finance Minister Grant Robertson’s farewell to Parliament competed with stories of abrupt cuts to ministries and public services, and the news we’re officially in a recession.
Robertson’s valedictory speech brimmed with fond memories, good laughs, and the straight-faced claim that he had been committed to balance in his recipes for our economy.
However, just hours earlier, the IMF painted a different picture of his financial management: “Debt increased more rapidly than in many advanced economies in recent years and will continue its upward trajectory absent decisive consolidation.”
New Zealand hasn’t simply been a victim of global setbacks; we elected people who were masters at expressing good intentions without questioning the viability of their plans. Good intentions untethered from reality are a recipe for disappointment.
By untethered, I mean promising schools more and fancier buildings than the Ministry of Education ever had funds for.