Margaret Thatcher: Right about nearly everything

financial Times ^ | 9/4/2013 | niall Ferguson

[Ennis85]

She was respected more abroad than at home It is still terribly hard for those who opposed her to admit it, but Margaret Thatcher was right about most things.

She was right that Britain’s trade unions had become much too powerful. She was right that nationalised industries had to be privatised. She was right that inflation has monetary causes.

She was also mostly right about foreign policy. She was right to drive the forces of Argentina’s junta out of the Falklands and she was right to exhort a “wobbly” George H.W. Bush to mete out the same treatment to Saddam Hussein’s forces in Kuwait.

Though labelled the “Iron Lady” by a Soviet magazine, her hawkishness in the cold war did not blind her to the possibilities of doing business with Mikhail Gorbachev. Like Ronald Reagan, she was quick to see the opportunity offered by his policies of glasnost and perestroika.

[sassy steel magnolia]

And that’s why the loonie liberals still hate her, even after she passes into eternity.

She and Reagan were quite a powerful duo, and to their credit they really changed the world and kept us safe!

May they both rest in peace...

[dfwgator]

She and Reagan were quite a powerful duo

With JP II, make it a powerful trio.

[sassy steel magnolia]

yes, absolutely! Best of leadership qualities in all three...

[informavoracious]

It must have pained her to see how low Great Britain has sunk.

[mjp]

"The cold war is already at an end."

Margaret Thatcher, Novenmber 28,1988

And it was won by Reagan

[BwanaNdege]

“She and Reagan were quite a powerful duo

With JP II, make it a powerful trio.”

I would add Lech Walesa to that trio. He was the tactical point man backed up by those three great leaders.

(no, I am not Polish, though I have often been accused of playing a role model for innumerable “Polish Jokes”) :-)

[Vanders9]

As is written, “prophets are never honored in their own country”.