That was the Executive Summary to a discussion note I put together one Saturday a few months ago.
In one sense, there is nothing new (the data have always been there) but there was a certain relentless bleakness about putting it together, and rereading it now. If only the New Zealand political and economic elites treated the failure as seriously as it deserves. But then countries fail mostly because of the choices of their elites – sometimes including the well-intentioned ones.
The paper mentions another note of mine, which I included with one of the first entries on this blog.