Economy: Alan Walters diary (Blackpool speech) [PM finding it difficult to reconcile election promises of low taxes with present reality][released 2012]

Document type:	Declassified documents
Source:	Walters MSS (Churchill Archives Centre): WTRS 3/1/1
Editorial comments:	Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking:	Major
Word count:	83
Themes:	Elections & electoral system, General Elections, Monetary policy, Pay, Taxation

Monday 21st September 1981

PM s Blackpool speech - finding it very difficult to reconcile the election promises of low taxes with present reality. Will she be prepared to go on record saying that all will be well in 1983 etc.?

Ministers Mtg [meeting] on Pay (CPRS paper) - badly organised PM very discursive - mainly about propaganda (TV John Cleese etc.) - but did reject firmly the WIT proposal - NO BLOODY CONCLUSIONS

-PM very upset about water workers - but not prepared to face a shutdown.