Wednesday, June 10, 2015

Obsolete on release

The latest OECD 2015 Economic Survey of New Zealand not only uses a lot of outdated data, but makes recommendations already implemented. For example:

"... priority should be given to raising income by increasing benefits and/or  supplementary benefits for welfare beneficiaries with dependent children. This would help to reduce the high relative poverty risk for sole-parent households , more than half of whom rely on benefits as their main source of income. Increasing main (basic) benefits and indexing them to median wages would reduce poverty across all beneficiary classes, including single-person households (below age 65), who have the second-highest relative risk of poverty."
I don't rate the OECD.


Anonymous said...

There are lots of reasons not to like the OECD.

That some recommendations were enacted in a budget released a month before the report is not one of them.

Lindsay Mitchell said...

It's the recommendation I didn't like. They have become a major cheerleader for state-enforced wealth redistribution. I'm not sure that was always the case.