And the lessons of putting all your cows in one paddock are now starting to hurt NZ deep in the pocket as dairy prices tumble.
Turns out our Rockstar Economy is lactose intolerant.
Europe have jumped upon the band wagon and flooded the market with a 45% increase in milk supply as we increased our dairy production by 20% . Add in another 20% increase in supply from the US and the market is saturated and drowning in bloody milk.
Short term focus and subsidising National’s farmer mates has resulted in us wasting more time to diversify and redesign our economy into a green sustainable one that can sell its products at a premium because they are made in near pristine environments.
The real terror of diary falling over is the sudden realisation that Emperor John Key has no further clothing on because once you remove dairy from the equation all this Government have done beyond crony corporate welfare is rebuild Christchurch from an earthquake.
Unemployment is down marginally because of the rebuild – is John Key saying the only force to make him intervene into the market is a natural disaster or act of God? Waiting around for the next natural disaster is not an economic plan.
National have looked after their mates and given tax cuts to their voting block, everybody else has been left behind…
…when National claim inequality denial and say it’s not really moved, it ignores high high it was and that it’s still ticking up.
The farce that somehow National and their mates are better stewards of the economy is simply not true.
We need investment into research to start forming the change, we need better targeted tax that rewards that investment and punishes housing speculation and we need to start investing into our internet infrastructure and social infrastructure.
All of that requires a change of Government. The bonus for any incoming Government is that as Dairy crashes, it drags the dollar down and makes investment into manufacturing a far stronger building block for the economy.