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Transcript of Margaret Thatcher
The Iron Lady
Start Of A Great Woman
Margaret Hilda Roberts (Thatcher) was born on October 13, 1925 in Grantham, Lincolnshire.
Her parents were Alfred Roberts and Beatrice Ethel. Her father was active in local politics but he also owned two grocery stores.
Margaret's extracurricular activities included the piano, field hockey, poetry recitals, swimming and walking.
With hard work she went to Oxford University and then became a research chemist, retraining to become a barrister in 1954. In 1951 she married Denis Thatcher, a wealthy businessman, with whom she had two children.
Rising To The Top
Instead of being a chemist, Thatcher became a Conservative member of Parliament for Finchley in North London in 1959, serving as its MP until 1992 and became Member of The House of Lords. Her first Parliamentary post was Junior minister for pensions in Harold Macmillian's government. She earned her place among the Senior figures of the party serving as a shadow and also achieved cabinet rank as Education Secretary.
After the Conservatives were defeated in 1974, Thatcher challenged Heath for the leadership of the party and, to the surprise of many, won. In the 1979 general election, Thatcher became Prime Minister.
Over Politicians thought so lowly of her because she was a woman and a shop keeper's daughter. In order to be taken seriously she had to remake her image and be bolder by taking speech classes.
Margaret Thatcher & The Economy
“If you want something said, ask a man; if you want something done, ask a woman.”
After working her way to the top, Margaret Thatcher became the first female Prime Minister in May 4th, 1979, and ended in November 28th 1990. And also became the longest serving Prime Minster in the twentieth century, having three consecutive terms.
Once she got her position after succeeding former Prime Minister James Callaghan, Great Britain was in economic decline, dealing with inflation, of course a recession, and a major unemployment rate. 3 million people were unemployed.
All of these issues are due to many problems that started from the end of War World II through 1970. Such as Great Britain's Keynesian system, the active socialism polices in British politics, over industrialization, bargaining with labor unions,(along with socialist views of the labor unions) the lenient welfare system, and also the absence of government in the market. (OVERALL A WEAK GOVERNMENT)
During Margaret Thatcher’s three consecutive terms she was able to tackle this terrible economic decline in Britain with her persistence (which is really close to stubbornness) and her ultra conservative policies.
She was able to rebuild this crumbling economy by raising taxes, where everyone would pay the same, huge spending cuts on all international things, raised interest rates, and she tightened on labor unions, breaking the large power they had previously, and also among other things being tightened was the use of welfare towards the citizens. She also spread privatization over major utilities in Britain.
Margaret Thatcher's Political Career
“Where there is discord, may we bring harmony. Where there is error, may we bring truth. Where there is doubt, may we bring faith. And where there is despair, may we bring hope.”
As soon as Thatcher got into office, she was faced with a military challenge. On April 2nd, 1982, Argentina invaded the British occupied Falkland islands, and she was able to reclaim the islands on April 14th, 1982. This brought a sense of patriotism in Britain, and could be said to be the reason for her being voted a second term.
Margaret Thatcher also had to deal with a small skirmish with the IRA. First in 1981 where members of the Irish liberation army went on hunger strikes for better prison conditions, which of course she denied, and many did die, until other members of Parliament tried to compromise with them.
Then she dealt with another IRA issue, an assassination attempt on her life, where the IRA bombed a hotel she was staying at with other members of parliament which she came
out of unharmed, and even delivered a planned speech the next day. (BECAUSE SHE'S A G)
Also in 1984 Thatcher had a major domestic fight with a labor union, the national union of miner workers, where the UK miners went on strike for a year, over 20,000 men with no jobs, but with Thatcher's non-negotiable attitude, she defeated the militant strike.
In 1985 Margaret Thatcher actually negotiated, with the Anglo-Irish agreement.
In foreign affairs, Margaret Thatcher, allowed her Allie, The United States, to use British forts in Libya. She also was very good friends with Ronald Reagan. They would work, very closely together, especially to deal with the cold war.
Thatcher's work in the cold war also involved a business relationship with Soviet Union leader, Mikhail Gorbachev, which through him was able to make a peaceful relationship with Soviet Russia.
Thatcher also became concerned with the environment during 1988 and 1989, and tried to battle pollution that came from the industry.
One of the last events that Thatcher promoted, which could also be called her down fall, is the nonnegotiable taxes she placed, such as the very unpopular poll tax in 1989.
Lastly from the pressures of the rising numbers of British citizens who disliked Thatcher because the unfair tax, and the pressures of competing politicians, she resigned in 1990, and was succeeded by John Major. Thatcher left Downing Street in tears.
Thatcher's Younger Years
Legacy: The Iron Lady
Margaret Thatcher’s nickname, Yhe Iron Lady, couldn't be anymore accurate. She was dubbed this name, long before she became prime minister, when the soviet press heard an anti-communist speech she made in 1976, and since than she never dulled down, and still is known as the Iron Lady.
With her, nonnegotiable and fierce attitude, she single handily fixed Britain as a whole, by simply not breaking with pressure, and going towards what she deemed right, she banished the weakening ideas of socialism from government policies, she broke the enemy within by defeating the labor unions, and she forced the well and able people to get on their own two feet and work for themselves
And Great Britain has her to thank that the British economy has to never be affected by socialism policies, and to show that anyone is eligible to be Prime Minster, based on your merit, and not your last name.Once Thatcher resigned, she still worked in the house of commons, and was even given the title of Baroness, Eventually thought she left the house of commons, and began to work on her own, and of course eventually retired.And in 2002 she retires due to health, and her daughter carol reported Lady Thatcher is suffering from dementia that was actually first noticed in 2000.
Reagan & Thatcher