Text: Nor has the fun we all had sneering at England's squandering its North Sea oil windfall in the '70s and '80s kept the Republican Party from proposing to give away the budget surplus to their rich constituents.
Entailment: England's squandered its North Sea oil windfall to the Republican Party in the 70's and 80's.
Contradiction: England's did not squander any of its North Sea oil windfall to the Republican Party in the 70's and 80's.