Helen Clark’s government is fond of strategies. But is it strategic?
Look at its new-spending in the 2006 Budget: of the $2.2 billion new operating spending, mostly on health, education and “working families”, $25 million goes to research, science and technology (RS&T).
Fixing up old people certainly gives them higher quality of life. But it says nothing about how today’s young are to have the higher incomes to pay for the care of the old of the future.