But the other thing is that this argument that everything is inflationary if you do a tax cut, but no other expenditure is ever inflationary, that is something I'm going to turn to later in my contribution. But it is a pleasure to be talking on this Budget Policy Statement. I think it's ironic that it is called a "wellbeing Budget"—the whole ethos of this document is about discussing about the human capital, natural capital, social capital, financial and physical capital. And it all sounds great. I know the Labour Government, and certainly Grant Robertson, loves talking in these wellbeing terms. However, it's interesting, if you turn to social under the social capital, top of page 12, first thing we talk about here is social cohesion. Well, I've got to suggest to you that right now New Zealand is the most divided it ever has been, and that is as a result of four years of this Government. We are so divided in New Zealand and this wellbeing Budget—so-called—in this document I think will be the defining issue of this Government when it finally gets out of office. We will have to deal with the economic consequences of what's gone on, and I will talk about that in a minute, but the lack of social cohesion, the amount of division that now permeates New Zealand, I think is palpable and is probably the most damaging thing that this Government will ever be remembered for.