So let me get this right, just so we know where we’re at. 

The Labour Party —who, I'm assuming, still want to be taken seriously this election— have had a major issue up to this point. 

They have no policies. 

The one policy they do have is a new tax, and the money from that new tax will pay for all of us to go to the doctor three times. 

Even though a lot of us —to be frank, probably most of us— don’t actually need the state to pay for a doctor’s visit. 

Their other policy we sort of knew about was the Future Fund. 

It would contain SOEs, whose dividends would go into it to create jobs and grow the economy. 

Update on the Future Fund: we aren’t going to know about that until after the election. The good news is they’re not winning the election, so it sort of doesn’t matter. 

But they will make it even harder to have a crack at winning the election now, given voters sort of want to know what stuff costs, especially large stuff. 

Further trouble is that the hold-up is they need advice on "Treaty obligations". 

That’s right, bogged down yet again in matters Māori. 

Originally, they told us the SOEs involved were commercially sensitive, now it’s Treaty troubles. 

Previously, Chris Hipkins said this fund would create jobs. Yesterday, Barbara Edmonds didn’t know how many because that would depend on what the fund invested in, which SOEs were in the fund, and what advice they got around Treaty obligations. 

So no job stats, no cost stats, no real detail on who’s in and who isn’t on what they call one of their cornerstone policies. 

So no policies, until there is a policy. But it’s sort of a secret policy that, if you vote for us, we’ll tell you about after the election. 

Small question at this point: do they honestly believe we are that stupid? That this is any sort of way to conduct an election campaign? That this is any sort of excuse this close to an election? 

Are they smarter than we think and this is basically their white flag, because they don’t want to be in Government anyway? 

Part of what haunts them from last time is their inability to actually do anything apart from spray money. 

They talk. They don’t do. 

Three years on they have clearly learned nothing.