Changes

==Prime Ministership==

==Prime Ministership==

 

Lady 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, but as the economy started to recover Argentina invaded the Falklands, the first (and unprovoked) invasion of sovereign British territory by a foreign government since the Second World War. This invasion was preceded by her withdrawal of military defense from the islands.

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.

 

Thatcher immediately declared her resolve to recapture the islands in line with the wishes of their inhabitants, and dispatched a naval task force to that end. With help from President [[Augusto Pinochet|Pinochet]] of [[Chile]] and, more covertly, [[Ronald Reagan]], the British forces swiftly recaptured the islands. The resulting wave of patriotic enthusiasm as well as her right to buy policy for council homes, and a uselessly divided opposition, meant she got a landslide victory in the June 1983 general election.

As the economy started to recover Argentina invaded the Falklands, the first (and unprovoked) invasion of sovereign British territory by a foreign government since the Second World War. This invasion was preceded by her withdrawal of military defense from the islands. Thatcher immediately declared her resolve to recapture the islands in line with the wishes of their inhabitants, and dispatched a naval task force to that end. With help from President [[Augusto Pinochet|Pinochet]] of [[Chile]] and, more covertly, [[Ronald Reagan]], the British forces swiftly recaptured the islands. The resulting wave of patriotic enthusiasm as well as her right to buy policy for council homes, and a uselessly divided opposition, meant she got a landslide victory in the June 1983 general election.

 

The big theme of Lady Thatcher's second term was reducing the power of the trade unions with a series of measures that a number of unions reacted to with industrial action. In particular the National Union of Mineworkers led by Arthur Scargill. The Tories had prepared for the strike by building up coal reserves and the deploying well paid police units fitted out with new riot gear brought in after the disturbances of 1981 who taunted the strikers by waving fivers at them. The miners responded with bricks and very ugly scenes developed on picket lines that split the country. Scargill's failure to hold a ballot for the strike undermined public support and the striker's chant of 'vote with your feet' calling miners to join the strike was turned on them as more and more returned to work over the year of the strike.

The central theme of Thatcher's second term was reducing the power of the trade unions with a series of measures that a number of unions reacted to with industrial action. In particular the National Union of Mineworkers led by Arthur Scargill. The Tories had prepared for the strike by building up coal reserves and the deploying well paid police units fitted out with new riot gear brought in after the disturbances of 1981 who taunted the strikers by waving fivers at them. The miners responded with bricks and very ugly scenes developed on picket lines that split the country. Scargill's failure to hold a ballot for the strike undermined public support and the striker's chant of 'vote with your feet' calling miners to join the strike was turned on them as more and more returned to work over the year of the strike.

 

In the middle of the strike, on October 12 1984, the IRA detonated a bomb during the Conservative Party conference in Brighton. Thatcher escaped injury but five people died in the attack and Margaret Tebbit was left paralyzed, the conference went on as normal. Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed. Thatcher supported Reagan's policies of deterrence against the Soviets and US forces stationed nuclear cruise missiles at British bases, arousing mass protests by the Campaign for Nuclear Disarmament. She supported the US bombing raid on [[Libya]] from bases in Britain in 1986 and, by refusing to side with a European consortium, in backing a the Sikorsky Aircraft Corporation of the USA over a British company Westland. Michael Heseltine resigned in protest at her style of leadership over this. In 1984 she visited [[China]] and signed the Sino-British Joint Declaration with [[Deng Xiaoping]] that agreed the handover of [[Hong Kong]] in 1997. Also that year at the Fontainebleau summit Thatcher argued that the UK paid far more to the EEC than it received in spending and negotiated a budget rebate using the argument that ‘We want our money back’. In 1985, the University of Oxford voted to refuse her an honorary degree in protest against her cuts in funding for education.

In the middle of the strike, on October 12 1984, the IRA detonated a bomb during the Conservative Party conference in Brighton. Thatcher escaped injury but five people died in the attack and Margaret Tebbit was left paralyzed, the conference went on as normal.  

 

In 1987, Lady Thatcher became the first Prime Minister of the United Kingdom to win three consecutive general elections since [[Lord Liverpool]] (1812-1827). In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain. More memorably, at Bruges, she made a speech in which she outlined her opposition to proposals from the European Communities for a federal structure and increasing centralization of decision-making believing that the role of the EC should be limited to ensuring free trade and effective competition. She was specifically against Economic and Monetary Union, through which a single currency would replace national currencies, and for which the EC was making preparations. In 1989 the economy high interest rates were imposed to stop an unsustainable boom. At the Madrid European summit, Nigel Lawson and Geoffrey Howe forced Thatcher to agree the circumstances in which she would join the Exchange Rate Mechanism, a preparation for monetary union. She took revenge on both by demoting Howe and listening more to her adviser Sir Alan Walters on economic matters. Lawson resigned that October and in November, a so-called ‘stalking horse candidate Sir Anthony Meyer challenged Thatcher for the leadership of the Conservative Party. In 1989 a new system of local government finance to replace the rates was introduced for Scotland in 1989 and for England and Wales in 1990. Called the 'Community Charge' but known as the Poll Tax was applied at the same amount to every individual resident with only limited discounts. Widespread opposition culminated in a huge [http://newsfilm.bufvc.ac.uk/article.php?story=200510081953085 demonstration] in London on March 31 that turned into the largest outbreak of public disorder central London had seen in a century which was followed by millions of people refusing to pay the tax. This along with her government's handling of the economy, her perceived arrogance and a general feeling that she would never retire,  made her politically vulnerable. Geoffrey Howe resigned on November 1 and condemned Thatcher's policy on the European Communities then openly invited 'others to consider their own response'. Michael Heseltine's response was a leadership challenge which resulted in a narrow failure, by two votes, for Thatcher to win automatic re-election. After consulting with cabinet colleagues she found a vast majority thought that she could not win on the second ballot. On November 22nd Thatcher announced that she would not be a candidate in the second ballot. She supported John Major as her successor, and retired from Parliament at the 1992 election.  

Thatcher's political and economic philosophy emphasized free markets and since gaining power she had experimented in selling off nationalized industries starting with the National Freight company, most of the large utilities followed.  

Thatcher supported Reagan's policies of deterrence against the Soviets and US forces stationed nuclear cruise missiles at British bases, arousing mass protests by the Campaign for Nuclear Disarmament. She supported the US bombing raid on [[Libya]] from bases in Britain in 1986 and, by refusing to side with a European consortium, in backing a the Sikorsky Aircraft Corporation of the USA over a British company Westland. Michael Heseltine resigned in protest at her style of leadership over this. In 1984 she visited [[China]] and signed the Sino-British Joint Declaration with [[Deng Xiaoping]] that agreed the handover of [[Hong Kong]] in 1997. Also that year at the Fontainebleau summit Thatcher argued that the UK paid far more to the EEC than it received in spending and negotiated a budget rebate using the argument that ‘We want our money back’. In 1985, the University of Oxford voted to refuse her an honorary degree in protest against her cuts in funding for education.

In 1987, Thatcher became the first British Prime Minister to win three consecutive general elections since [[Lord Liverpool]] (1812-1827).  

In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain.  

At Bruges, she made a speech in which she outlined her opposition to proposals from the European Communities for a federal structure and increasing centralization of decision-making believing that the role of the EC should be limited to ensuring free trade and effective competition. She was specifically against Economic and Monetary Union, through which a single currency would replace national currencies, and for which the EC was making preparations. In 1989 the economy high interest rates were imposed to stop an unsustainable boom. At the Madrid European summit, Nigel Lawson and Geoffrey Howe forced Thatcher to agree the circumstances in which she would join the Exchange Rate Mechanism, a preparation for monetary union. She took revenge on both by demoting Howe and listening more to her adviser Sir Alan Walters on economic matters. Lawson resigned that October and in November, a so-called ‘stalking horse candidate Sir Anthony Meyer challenged Thatcher for the leadership of the Conservative Party. In 1989 a new system of local government finance to replace the rates was introduced for Scotland in 1989 and for England and Wales in 1990. Called the 'Community Charge' but known as the Poll Tax was applied at the same amount to every individual resident with only limited discounts. Widespread opposition culminated in a huge [http://newsfilm.bufvc.ac.uk/article.php?story=200510081953085 demonstration] in London on March 31 that turned into the largest outbreak of public disorder central London had seen in a century which was followed by millions of people refusing to pay the tax. This along with her government's handling of the economy, her perceived arrogance and a general feeling that she would never retire,  made her politically vulnerable. Geoffrey Howe resigned on November 1 and condemned Thatcher's policy on the European Communities then openly invited 'others to consider their own response'. Michael Heseltine's response was a leadership challenge which resulted in a narrow failure, by two votes, for Thatcher to win automatic re-election. After consulting with cabinet colleagues she found a vast majority thought that she could not win on the second ballot. On November 22nd Thatcher announced that she would not be a candidate in the second ballot. She supported John Major as her successor, and retired from Parliament at the 1992 election.

==Life after being Prime Minister==

==Life after being Prime Minister==