Word: thatcherism
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...Margaret Thatcher, April...
...often during her years at 10 Downing Street, Margaret Thatcher cut to the heart of a policy question. A fiery debate over whether the U.S. and its allies should have helped Kurdish and Shi'ite rebels topple Saddam Hussein raged in Europe as well as America. But as far as current policy goes, the wrangling is meaningless because the fighting is effectively over. Right or wrong, the decision was made not to get involved in an Iraqi civil war. Saddam has smashed the revolts; he will stay in power at least temporarily -- and for the moment that pretty much...
...budget restricted tax breaks on mortgage interest paid by higher- salaried home buyers. Thatcher had opposed any measures that would discourage homeownership. It stepped up an already scheduled increase in the benefit paid weekly to mothers for each child; the new level will be $16.56 for the eldest child, $13.43 for younger ones. By contrast the budget imposed new levies on executives who receive "in-kind" benefits such as the use of company cars and mobile telephones; private car phones provided by employers will be taxed $356 a year. These measures hardly add up to a change in direction...
Major has also changed the tone of some British foreign policies. Like Thatcher he opposes any further political integration of the 12-nation European Community, but he does not share her aversion to greater economic unity. He said in a recent speech that Britain's "rightful place" was "at the very heart of Europe," a remark no one could imagine Thatcher making...
Since Major took over, the Tories have pulled from a deep deficit in the opinion polls to a 4-point lead over Labour. Even if Major wins, however, he would remain under the eye of a formidable presence. Thatcher has been grumbling lately that she was unseated as a result of a plot, a suspicion for which others can find no evidence. Last week she became president of a new group, Conservative Way Forward, dedicated to pushing Thatcherite policies; it will blow the whistle on any backsliding. Even out of power, this lady is not for turning...