Lady Thatcher sold many of the nationalised industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalisation of the coal industry and modernisation of the newspaper industry. Due to her strong standards and her leadership style, she became known as the "[[Iron Lady]]," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted, at the instigation of her political ally [[Enoch Powell]], with glee. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. Thatcher was always a strong supporter of the the [[United States]], and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists. | Lady Thatcher sold many of the nationalised industries back to private investors and made tax cuts. She broke the power of the trade unions which stood in the way of the rationalisation of the coal industry and modernisation of the newspaper industry. Due to her strong standards and her leadership style, she became known as the "[[Iron Lady]]," a term originally coined as an insult by the communist [[Soviet Union]], but one she adopted, at the instigation of her political ally [[Enoch Powell]], with glee. A famous statement of hers was that "the lady is not for turning", in reference to calls from within her own party to back down on issues that were important to her. Thatcher was always a strong supporter of the the [[United States]], and was a good friend of President [[Ronald Reagan]], uniting with him in actions against the Communists. |