The point of having a small amount of power is not to do “good things.” The point is to build more power. Invest your money, don’t spend it. This is something the left understands perfectly. Every leftist policy generates as much extra power as possible.

You need at least a Silver membership plan to access Insight articles.

Nathan Smith is a former business journalist and columnist at the NBR. He also worked as the chief editor at the New Zealand Initiative policy think tank. He is now a freelance writer and copy editor.