If government size and employment rate had been the same in 2022 as they were in 2000, the cost of today’s government would have been $47,000 per employed person. That is a lot of money—until we do the same arithmetic with today’s government size and employment rate. Then the cost comes out to $59,700.
Over the last few months, New Zealanders have been faced with economic hardship; next quarter, new PM Chris Hipkins must prepare for the recession to hit.
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