1 00:00:00,160 --> 00:00:02,560 Speaker 1: MPs across the House of paid tribute to former Prime 2 00:00:02,560 --> 00:00:05,880 Speaker 1: Minister Jim Bolger, who passed away at ninety. Winston Peters 3 00:00:05,960 --> 00:00:08,119 Speaker 1: is one of only two MP's in Parliament today who 4 00:00:08,119 --> 00:00:09,399 Speaker 1: served m Bulger's government. 5 00:00:09,640 --> 00:00:11,399 Speaker 2: It's true to say that twenty nine years ago, in 6 00:00:11,480 --> 00:00:15,560 Speaker 2: nine ninety six, we formed the first MMP government. We 7 00:00:16,680 --> 00:00:21,320 Speaker 2: he put differences aside, shook hands on that agreement, and 8 00:00:21,480 --> 00:00:23,840 Speaker 2: more importantly, he kept his word. 9 00:00:24,200 --> 00:00:26,600 Speaker 1: And Chris Luxon said that even recently he'd been getting 10 00:00:26,600 --> 00:00:27,880 Speaker 1: the odd call from Jim. 11 00:00:27,840 --> 00:00:30,640 Speaker 3: But since becoming Prime Minister, I received a few quiet 12 00:00:30,640 --> 00:00:34,159 Speaker 3: phone calls from him. They were short, sincere and thoughtful. 13 00:00:34,560 --> 00:00:39,040 Speaker 3: He offered encouragement, perspective and advice, advice that I took seriously. 14 00:00:39,440 --> 00:00:39,599 Speaker 2: Now. 15 00:00:39,760 --> 00:00:42,680 Speaker 1: Ruth Richardson was Jim Bolger's first Finance Minister. 16 00:00:42,720 --> 00:00:45,600 Speaker 4: Hi, Ruth, greetings, Heather. 17 00:00:45,920 --> 00:00:47,879 Speaker 1: You have much of a relationship with Jim Bolger in 18 00:00:47,880 --> 00:00:48,560 Speaker 1: recent days. 19 00:00:50,120 --> 00:00:55,200 Speaker 4: I last saw him at the Press Gallery anniversary and he, 20 00:00:55,440 --> 00:01:00,360 Speaker 4: as always, was magnanimous but dismissive because he had come 21 00:01:00,520 --> 00:01:03,520 Speaker 4: to take a very different view of public policy to mine. 22 00:01:03,800 --> 00:01:09,160 Speaker 4: Our most crossing of swords in his post politics years 23 00:01:09,160 --> 00:01:12,679 Speaker 4: were over Brexit, where I predicted that Brexit would be 24 00:01:12,760 --> 00:01:16,520 Speaker 4: voted in by the British public, and he completely poo 25 00:01:16,560 --> 00:01:20,399 Speaker 4: poohed me, and I must say a bit of glee 26 00:01:20,480 --> 00:01:22,520 Speaker 4: and doing I told you so, How. 27 00:01:22,360 --> 00:01:24,640 Speaker 1: Do you feel about what happened in the last well, 28 00:01:24,640 --> 00:01:26,039 Speaker 1: I want to say the last few years, but it 29 00:01:26,120 --> 00:01:29,119 Speaker 1: really is a very long time. But recently he had 30 00:01:29,160 --> 00:01:31,720 Speaker 1: come to criticize his own government and then what he 31 00:01:31,800 --> 00:01:34,120 Speaker 1: calls the neoliberal policies. How did you feel about that? 32 00:01:35,400 --> 00:01:38,039 Speaker 4: Well? I felt a bit affronted, and I think he 33 00:01:38,120 --> 00:01:42,080 Speaker 4: sold himself short. I mean, he showed policy bravery when 34 00:01:42,080 --> 00:01:47,360 Speaker 4: he had to. He gave the reformers licenses to you know, 35 00:01:47,720 --> 00:01:53,440 Speaker 4: completely and fundamentally change fiscal policy, labor market policy. He 36 00:01:53,640 --> 00:01:56,600 Speaker 4: was not an accessory after the fact, he was part 37 00:01:56,640 --> 00:02:01,520 Speaker 4: of that government. And to me, he really did put 38 00:02:01,520 --> 00:02:06,600 Speaker 4: a slur on his own reputation by recanting, because he 39 00:02:06,680 --> 00:02:09,080 Speaker 4: recanted on no good evidence at all. If you look 40 00:02:09,120 --> 00:02:11,760 Speaker 4: at the labor market, it's been highly successful. If you 41 00:02:11,840 --> 00:02:15,360 Speaker 4: have a look at the fiscore responsibility rules, they've generally 42 00:02:15,400 --> 00:02:18,480 Speaker 4: been highly successful. So why he would want from a 43 00:02:18,520 --> 00:02:22,920 Speaker 4: great height to effectively do the proverbial on success I 44 00:02:22,919 --> 00:02:23,400 Speaker 4: do not know. 45 00:02:24,360 --> 00:02:27,359 Speaker 1: Yeah, what do you think happened there? Did he did? 46 00:02:27,400 --> 00:02:30,840 Speaker 1: He just reflect on what had happened in the nineties 47 00:02:30,840 --> 00:02:34,239 Speaker 1: and regrets it, or actually, was he always in the 48 00:02:34,280 --> 00:02:34,960 Speaker 1: wrong party? 49 00:02:35,880 --> 00:02:38,800 Speaker 4: I don't think he was in the wrong party. But 50 00:02:38,880 --> 00:02:42,320 Speaker 4: remember the National Party as a party of management. It's 51 00:02:42,360 --> 00:02:45,720 Speaker 4: a party that is transactional. The government of which I 52 00:02:45,960 --> 00:02:49,600 Speaker 4: was a member and which he was a willing participant 53 00:02:49,840 --> 00:02:53,240 Speaker 4: in those first three years, was a government of transformation. 54 00:02:53,800 --> 00:02:56,840 Speaker 4: So to an extent, that's a deviation from the norm 55 00:02:57,240 --> 00:02:59,720 Speaker 4: of the National Party, and he just reverted to type. 56 00:03:00,040 --> 00:03:05,120 Speaker 4: He learned his political craft at the knees of Mouldoon 57 00:03:05,200 --> 00:03:08,520 Speaker 4: He and Birch and Crewe snop filled rooms. They were 58 00:03:08,560 --> 00:03:11,120 Speaker 4: used to doing the deals. This was a new era 59 00:03:11,680 --> 00:03:14,480 Speaker 4: and it wasn't that he was dragged into it kicking 60 00:03:14,520 --> 00:03:19,600 Speaker 4: and screaming. His hand was forced by dreadful economic circumstances 61 00:03:19,600 --> 00:03:23,840 Speaker 4: that we faced a real baptism of fire. We did 62 00:03:23,960 --> 00:03:30,760 Speaker 4: what was right. The results were seven percent growth, The 63 00:03:30,800 --> 00:03:34,240 Speaker 4: books are balanced. Any minister of finance would give their 64 00:03:34,280 --> 00:03:38,800 Speaker 4: iteth for that sort of result. Today from those policies. 65 00:03:38,600 --> 00:03:41,200 Speaker 1: What do you think his legacy will be? Because he's 66 00:03:41,240 --> 00:03:44,440 Speaker 1: kind of divorced himself from that right by essentially kind 67 00:03:44,440 --> 00:03:46,400 Speaker 1: of divorcing himself from you on that. Do you think 68 00:03:46,440 --> 00:03:51,880 Speaker 1: his legacy is going to be what happened with the settlements? 69 00:03:51,600 --> 00:03:56,800 Speaker 4: His legacy should be fiscal responsibility. You know, he stood 70 00:03:56,840 --> 00:03:59,120 Speaker 4: up when he had to, which is much more than 71 00:03:59,160 --> 00:04:02,480 Speaker 4: subsequent government it's had dealings, say with the age of superannuation, 72 00:04:02,920 --> 00:04:07,360 Speaker 4: where they've just basically piked. He didn't pike. He didn't flinch. 73 00:04:08,080 --> 00:04:12,600 Speaker 4: On treaty settlements. He will be remembered as the initiator 74 00:04:13,360 --> 00:04:16,400 Speaker 4: of that, and in fact it started in nineteen ninety 75 00:04:16,440 --> 00:04:20,920 Speaker 4: two with the Sea Lord's settlement. Was the first showing 76 00:04:20,960 --> 00:04:25,720 Speaker 4: of hand that we were prepared to seek some deal 77 00:04:25,760 --> 00:04:29,880 Speaker 4: with grievances and give some financial redress. I think the 78 00:04:29,960 --> 00:04:32,679 Speaker 4: other apart from MMP, which I think is a blot 79 00:04:33,080 --> 00:04:36,520 Speaker 4: on the electoral landscape and a stopping us from making 80 00:04:36,600 --> 00:04:40,760 Speaker 4: high quality, good decisions. Now, his other legacy is a 81 00:04:40,800 --> 00:04:43,440 Speaker 4: physical one, and that is to Papa. You know, we 82 00:04:43,480 --> 00:04:46,320 Speaker 4: had no business funding to paper. When we did, we 83 00:04:46,360 --> 00:04:49,480 Speaker 4: were in dire straits. Jim had agreed in the Cabinet 84 00:04:49,480 --> 00:04:52,599 Speaker 4: Committee that we wouldn't go ahead right project wrong time, 85 00:04:52,960 --> 00:04:55,279 Speaker 4: and I think it was Joan that changed his mind 86 00:04:55,400 --> 00:04:58,440 Speaker 4: over the weekend. It came to cabinet on Monday morning 87 00:04:58,480 --> 00:05:00,359 Speaker 4: and said we're going to do it, and you know, 88 00:05:00,640 --> 00:05:03,240 Speaker 4: I was left, you're a bit gobs back, but we 89 00:05:03,279 --> 00:05:03,640 Speaker 4: did it. 90 00:05:04,360 --> 00:05:06,479 Speaker 1: Ruth, thank you very much, appreciate it. On Ruth Richardson 91 00:05:06,520 --> 00:05:08,280 Speaker 1: former Finance Ministrander Jim Boulger. 92 00:05:09,040 --> 00:05:12,200 Speaker 3: For more from Hither Duplessy Allen Drive listen live to 93 00:05:12,320 --> 00:05:12,839 Speaker 3: news talks. 94 00:05:12,880 --> 00:05:16,039 Speaker 1: It'd be from four pm weekdays, or follow the podcast 95 00:05:16,160 --> 00:05:17,160 Speaker 1: on iHeartRadio.