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==Prime Ministership==
 
==Prime Ministership==
 
===Economic policy===
 
===Economic policy===
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Thatcher's chief goals in power were to reverse Britain's economic decline and to reduce the range of the state as well as standing taller on the international stage. She found a soul-mate in Ronald Reagan, elected in 1980 but whom she had met in 1975. Thatcher started by increasing interest rates to drive down inflation which hit the manufacturing sector and caused unemployment to rise sharply and there was a deep recession in the early 1980s blamed on her Government's economic policy. This led to her famous quote: 'the lady is not for turning', and she refused a policy u-turn and, despite an open letter from 364 economists, taxes were increased in the middle of a recession. Although unemployment did not reach 3 million till 1982, a year earlier British cities burned as thousands took to the streets to demonstrate their frustration. Inflation was going down though, allowing interest rates to fall.
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Thatcher's chief goals in power were to reverse Britain's economic decline and to reduce the range of the state as well as standing taller on the international stage. She found a soul-mate in Ronald Reagan, elected in 1980 but whom she had met in 1975. Thatcher started by increasing interest rates to drive down inflation which hit the manufacturing sector and caused unemployment to rise sharply and there was a deep recession in the early 1980s blamed on her Government's economic policy. This led to her famous quote: 'the lady is not for turning', and she refused a policy u-turn and, despite an open letter from 364 "economists", taxes were increased in the middle of a recession. Although unemployment did not reach 3 million till 1982, a year earlier British cities burned as thousands took to the streets to demonstrate their frustration. Inflation was going down though, allowing interest rates to fall, proving those "economists" wrong.
    
===Falkland Islands===
 
===Falkland Islands===
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After leaving the House of Commons, Thatcher was dubbed '''Baroness Thatcher of Kesteven''' and entered the House of Lords.  Denis Thatcher was given a Baronetcy, which ensured that their son, Mark, would inherit the title of "Sir Mark".
 
After leaving the House of Commons, Thatcher was dubbed '''Baroness Thatcher of Kesteven''' and entered the House of Lords.  Denis Thatcher was given a Baronetcy, which ensured that their son, Mark, would inherit the title of "Sir Mark".
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Now styled Lady Thatcher, her attempts to be a 'backseat driver' in the Major administration were not well received. She publicly endorsed [[William Hague]] against [[Kenneth Clarke]] for the Conservative leadership in 1997.  She made many speaking engagements around the world, including very vocal support of former dictator General [[Augusto Pinochet]], whom the new Labour administration extradited to Spain on charges of torturing political opponents. In March 2002 she suffered a mild stroke, and made few speeches. In 2004 she attended the funeral of her old friend and political soul-mate, Ronald Reagan. Baroness Thatcher is still seen at Tory party gatherings and has continued endorsing party leaders, such as Iain Duncan Smith. In August 2008, it became known that she had been suffering from [[dementia]] for as many as eight years.<ref>http://news.bbc.co.uk/1/hi/uk_politics/7579352.stm</ref>  
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She publicly endorsed [[William Hague]] against [[Kenneth Clarke]] for the Conservative leadership in 1997.  She made many speaking engagements around the world, including very vocal support of former General [[Augusto Pinochet]], whom the new Labour administration extradited to Spain on trumped-up charges of torturing political opponents. In March 2002 she suffered a mild stroke, and made few speeches. In 2004 she attended the funeral of her old friend and political soul-mate, Ronald Reagan. Baroness Thatcher is still seen at Tory party gatherings and has continued endorsing party leaders, such as Iain Duncan Smith. In August 2008, it became known that she was suffering from [[dementia]] and had withdrawn from public life. <ref>[http://news.bbc.co.uk/1/hi/uk_politics/7579352.stm Thatcher suffers from dementia]</ref>  
    
[http://www.time.com/time/time100/leaders/profile/thatcher.html][http://www.fandmpublications.co.uk/pages/margaretbiography1.htm][http://www.pm.gov.uk/output/Page126.asp]
 
[http://www.time.com/time/time100/leaders/profile/thatcher.html][http://www.fandmpublications.co.uk/pages/margaretbiography1.htm][http://www.pm.gov.uk/output/Page126.asp]
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