Margaret Thatcher's noble experiment hits hard times
When Margaret Thatcher became Britain's first woman Prime Minister last May, she promised nothing less than an economic revolution. During a secure five-year mandate, she would start to reform a socialist economy plagued by years of economic stagnation, inflation, unemployment and industrial strife —whatever the cost. Now, after only ten months of the Iron Lady's rule, the cost of those policies for many Britons is already proving too high.
Last week, the Labor Party filed its first motion of no confidence against the new government, specifically aimed...
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