As one blogger (BC Bass) put it, Thatcher was "a tough leader who sought to restore the grandeur of England's Victorian period. She succeeded in bringing the nostalgic charm and quaint class values of the Dickensian era back to modern day Britain. She will best be remembered for the decisive actions she took during her 11-year term, which continue to affect the United Kingdom today: deregulating banks to cause the still problematic credit crunch, doubling inflation, destroying trade unions, eliminating free milk in schools for underprivileged children, creating a gaping disparity between the country's rich and poor, driving unemployment to historically high levels, destroying the coal industry, and implementing the egalitarian poll tax, which ensured that those living near poverty in Middle England would pay the same taxes as millionaires nearby."
Here's one view of Thathcher's economic legacy from Time Magazine:
Was Thatcherism Good (or Bad) for the Economy?
http://business.time.com/2013/04/09/was-thatcherism-good-or-bad-for-the-economy/#ixzz2PyVfWdCi
Remember what George Satayana said about those who didn't learn from the past?
One thing is certain is that while we are not reliving the 80s 30 years later, we are debating the same questions about what to do with domestic and global economic policies.
On other issues, BC Bass continues: "Thatcher will also be celebrated for her uncanny prowess in foreign policy, particularly with her brave decision to use the superior might of the British military to wage war against Argentina over an island full of sheep.
She further led the charge for Great Britain by labelling Nelson Mandela a "terrorist," supporting underdog government factions such as the Khmer Rouge and embattled Chilean dictator Pinochet, and for tirelessly fighting to keep the ignorant rabble of Northern Ireland under the yoke of England to protect them from themselves."
But she did some good stuff too.
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