Margaret Thatcher’s Legacy

By Grant Bosse on April 8, 2013
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Former British Prime Minister Margaret Thatcher has died at the age of 87.

The Iron Lady will be remembered for the force of her will and the strength of her conviction. She was confident in her own ability, but moreover, confident in the ability of men and women everywhere to improve their own lives if given the chance. She remarked at that “The problem with Socialism is that you eventually run out of other people’s money.”

Margaret Thatcher Source: Wikimedia Commons

Margaret Thatcher
Source: Wikimedia Commons

She joined Ronald Reagan, and allies such as Helmut Kohl and Brian Mulroney, is opposing Soviet expansion at a time when Communism was at its apparent peak.

She was a fierce anti-terrorist, and the IRA’s top assassination target, not only for her strong support for maintaining Northern Ireland as part of Britain, but for her passionate denunciation of the IRA’s campaign of violence.

Domestically, she helped cure the British Disease by instituting market reforms that spurred productivity after decades of decline under trade union demands.

Margaret Thatcher believed that politicians should stand by their beliefs, and not bend in the name of consensus or popularity. After Churchill, she was the most important Briton of the 20th Century, and one of the key people who secured victory in the Cold War for freedom, democracy, and capitalism.

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