Friday 17th September 1982
CPRS paper on Public Exp leaked into the Economist - silly business - what happens if you abandon Health Service etc.
Frank Gibbs from Taylor Woodrow came to explain the problems and possibility of privately operated sewer system. No problem about measurement - Treasury cheaper if Gvt borrows
Phoned Paddie [Paddie Walters] at 3213 Volta Peace. Esra still away
Lunch at home
IEA Budd + Rose on Unemployment Policy
RH [probably Ralph Harris] very concerned at businessmen’s reports that demand was not there - would it be generated spontaneously.
Unemployment - Wages Councils etc
But construction of Thresholds, etc and Cap is best approach