Word: thatcherism
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Dates: during 2000-2009
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...When I was a youngster and I should have been sleeping, I would read about Tom Sawyer, Huck Finn and Becky Thatcher by flashlight underneath the covers at my grandparents' home. Later, a friend and I built a raft and tried to sail across Diamond Lake in Illinois, only to be rescued by fearful adults. When I was 11, my grandmother took me aboard the legendary Delta Queen. Now, after more than 80 years afloat, the Delta Queen is to be put out of service because of inaction by Congress. It brings to mind a Twain saying: "Suppose you were...
When I was a youngster and I should have been sleeping, I would read about Tom Sawyer, Huck Finn and Becky Thatcher by flashlight underneath the covers at my grandparents' home. Later, a friend and I built a raft and tried to sail across Diamond Lake in Illinois, only to be rescued by fearful adults. When I was 11, my grandmother took me aboard the legendary Delta Queen. Now, after more than 80 years afloat, the Delta Queen is to be put out of service because of inaction by Congress. It brings to mind a Twain saying: "Suppose you were...
...that a majority of Britons became homeowners, thanks largely to the encouragement of successive governments. Restrictions imposed on landlords decades earlier had made renting out real estate less lucrative, sparking a gradual sell-off of private properties. A popular scheme launched in 1980 by newly elected Prime Minister Margaret Thatcher granted public-housing tenants the right to buy those homes for knock-down prices. The measure was cheered by one Thatcher minister as "one of the most important social revolutions of this century." By 2005, 70% of U.K. homes were owner-occupied, less than in Spain or Italy, but above...
...mosque and state shortly after World War I. The pro-Western political bent did not immediately translate into liberal economics. Corruption, cronyism and protectionism continued to cloud prospects until the 1980s. Even then, after a period of economic liberalization under reformist Prime Minister Turgut Ozal (a pal of Margaret Thatcher's), the old habits died hard. In 2001, Turkey suffered a full-blown financial crisis in which the Turkish currency lost nearly 50% of its value overnight...
What lessons do you take from Walesa and other leaders? Our heroes of the imagination were Margaret Thatcher and Ronald Reagan. They symbolized a tough attitude to the Soviet Union and they revitalized the idea of leading with freedom and traditional values, which seemed then to be dying...