1 00:00:00,080 --> 00:00:03,040 Speaker 1: Welcome to the International Investment Day. I found it somewhat bewildering, 2 00:00:03,040 --> 00:00:05,120 Speaker 1: I must say, if not sad that Ginny Anderson on 3 00:00:05,120 --> 00:00:08,039 Speaker 1: the show yesterday said foreign investment wasn't the answer to 4 00:00:08,080 --> 00:00:10,680 Speaker 1: our problems, because actually it is. What we don't have 5 00:00:10,840 --> 00:00:13,440 Speaker 1: as a country is size and scale. If we want 6 00:00:13,480 --> 00:00:15,440 Speaker 1: to participate in the world, we need the world involved 7 00:00:15,440 --> 00:00:17,200 Speaker 1: in what we do. We're not like America, where you 8 00:00:17,239 --> 00:00:19,720 Speaker 1: can at least partially pretend you can produce everything you 9 00:00:19,760 --> 00:00:22,400 Speaker 1: need locally and whatever it is you do produce is 10 00:00:22,440 --> 00:00:24,840 Speaker 1: sold to a local market. In fact, Ginny's lack of 11 00:00:24,880 --> 00:00:28,120 Speaker 1: basic economic understanding may well give some insight and to 12 00:00:28,200 --> 00:00:30,120 Speaker 1: why we're having the event we are over the next 13 00:00:30,160 --> 00:00:33,600 Speaker 1: couple of days. Labour's view of the economy is so small, 14 00:00:33,680 --> 00:00:36,159 Speaker 1: so insular. It is why the borders were closed for 15 00:00:36,159 --> 00:00:38,360 Speaker 1: so long, why tourisms not bounce back while the world 16 00:00:38,400 --> 00:00:40,640 Speaker 1: has moved on without us, and how this new government 17 00:00:40,640 --> 00:00:42,479 Speaker 1: has had to travel so many miles to knock on 18 00:00:42,520 --> 00:00:45,199 Speaker 1: so many doors and say don't forget about us. It 19 00:00:45,200 --> 00:00:47,360 Speaker 1: could also be a clue if you've noticed, as to 20 00:00:47,400 --> 00:00:49,960 Speaker 1: why they're currently exercised in the Parliament over the idea 21 00:00:49,960 --> 00:00:52,760 Speaker 1: of the public health system using the private health system 22 00:00:52,960 --> 00:00:55,520 Speaker 1: to turn through some elective procedures forgetting of course, that 23 00:00:55,720 --> 00:00:57,959 Speaker 1: even they did the same thing, and that it has 24 00:00:57,960 --> 00:01:00,800 Speaker 1: in fact been common practice forever. Indeed, if you have 25 00:01:00,840 --> 00:01:03,320 Speaker 1: a bed and a team sitting there with capacity, do 26 00:01:03,400 --> 00:01:05,360 Speaker 1: you really care whether the place you get the need 27 00:01:05,440 --> 00:01:08,840 Speaker 1: done is public or private. Anyway, the Prime Minister, who 28 00:01:08,920 --> 00:01:11,480 Speaker 1: will be relishing this next week, given he is pitching 29 00:01:11,560 --> 00:01:13,600 Speaker 1: not just here but in India as well, we'll be 30 00:01:13,640 --> 00:01:15,720 Speaker 1: able to get back to doing what by all reports 31 00:01:16,040 --> 00:01:19,440 Speaker 1: he does best, hustle and sell. The polls might be 32 00:01:19,480 --> 00:01:22,560 Speaker 1: problematic for a variety of reasons, but you can't possibly 33 00:01:22,600 --> 00:01:25,280 Speaker 1: mark this lot down for not getting out into the 34 00:01:25,280 --> 00:01:28,320 Speaker 1: world and re engaging both trade and foreign policy. Wise, 35 00:01:28,560 --> 00:01:31,959 Speaker 1: between the Prime Minister, Peters and Maclay, many circuits of 36 00:01:32,000 --> 00:01:35,120 Speaker 1: the globe will have been completed. Is also right that 37 00:01:35,200 --> 00:01:36,880 Speaker 1: the world is a wash with cash looking for a 38 00:01:36,920 --> 00:01:39,520 Speaker 1: place to land. We once were that place to land, 39 00:01:39,560 --> 00:01:42,600 Speaker 1: We once were that rock star economy, We once well, 40 00:01:42,680 --> 00:01:46,000 Speaker 1: we once had our act together. Today and tomorrow hopefully 41 00:01:46,280 --> 00:01:49,840 Speaker 1: is about restoring our rightful place as progressive. Go get 42 00:01:49,920 --> 00:01:53,559 Speaker 1: us for more from the Mic Asking Breakfast Listen live 43 00:01:53,680 --> 00:01:56,560 Speaker 1: to News Talks at B from six am weekdays, or 44 00:01:56,640 --> 00:01:58,520 Speaker 1: follow the podcast on iHeartRadio