Word: reaganization
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Dates: during 1990-1999
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...RONALD REAGAN...
...earliest admirers was Ronald Reagan, who achieved power 18 months after she did. He too began to reverse the Ratchet Effect in the U.S. by effective deregulation, tax cutting and opening up wider market opportunities for free enterprise. Reagan liked to listen to Thatcher's various lectures on the virtues of the market or the minimal state. "I'll remember that, Margaret," he said. She listened carefully to his jokes, tried to get the point and laughed in the right places...
They turned their mutual affection into a potent foreign policy partnership. With Reagan and Thatcher in power, the application of judicious pressure on the Soviet state to encourage it to reform or abolish itself, or to implode, became an admissible policy. Thatcher warmly encouraged Reagan to rearm and thereby bring Russia to the negotiating table. She shared his view that Moscow ruled an "evil empire," and the sooner it was dismantled the better. Together with Reagan she pushed Mikhail Gorbachev to pursue his perestroika policy to its limits and so fatally to undermine the self-confidence of the Soviet elite...
Clare Boothe Luce famously said that each President is remembered for a sentence: "He freed the slaves"; "He made the Louisiana Purchase." You have to figure out your sentence, she used to tell John Kennedy, who would nod thoughtfully and then grouse when she left. Ronald Reagan knew, going in, the sentence he wanted, and he got it. He guided the American victory in the cold war. Under his leadership, a conflict that had absorbed a half-century of Western blood and treasure was ended--and the good guys finally...
...began with a common-sense conviction that the Soviets were not a people to be contained but a system to be defeated. This put him at odds with the long-held view of the foreign-policy elites in the '60s, '70s and '80s, but Reagan had an old-fashioned sense that Americans could do any good thing if God blessed the effort. Removing expansionary communism from the world stage was a right and good thing, and why would God not smile upon...