Diary
R.W. Johnson: Kinnock must go, 10 December 1987
“... and budget deficits. We have avoided the same fate only through once-and-for-all sell-offs of North Sea oil, on the one hand, and state assets, on the other. But the supply of both is strictly finite, and as we exhaust that supply we shall be faced with a situation far worse than anything we have hitherto experienced, and far worse, too, than anything the ... ”