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Title:The Thatcher Factor: First Lady Of The Treasury
Date:14th April 1989
Summary:TEN YEARS AGO, MARGARET THATCHER ENTERED DOWNING STREET WITH A RADICAL REMEDY FO R BRITAIN'S ECONOMIC ILLS. SHE PUT HER FAITH IN FREE ENTERPRISE AND MARKET FORC ES, CURBING TRADE UNION POWER, SCRAPPING CONTROLS ON BUSINESS AND SELLING OFF STATE-OWNED INDUSTRIES. AS SHE APPROACHES HER TENTH ANNIVERSARY AS PRIME MINIS- TER AND "FIRST LADY OF THE TREASURY", HER SUPPORTERS CLAIM THAT SHE HAS REVERSED YEARS OF ECONOMIC DECLINE. THEY POINT TO EIGHT YEARS OF SUSTAINED GROWTH, AND ARGUE THAT INDUSTRY IS FITTER THAN IT HAS BEEN FOR DECADES. HER CRITICS SAY THAT BRITAIN'S OLD PROBLEMS WILL RETURN AS NORTH SEA OIL RUNS OUT. THEY POINT TO RENEWED INFLATION AND THE BALANCE OF PAYMENTS DEFICIT. IN SECOND PROGRAMME OF THE SERIES ASSESSING THE THATCHER DECADE, HUGO YOUNG ASKS WHICH OF THE CHANGE S WILL LAST, AND WHETHER SHE HAS ACHIEVED A BRITISH ECONOMIC MIRACLE.
Description:ON THE TENTH ANNIVERSARY OF MRS THATCHER'S ACCESSION TO POWER,WHAT HAS HER PREMIERSHIP DONE FOR BRITAIN - ECONOMICALLY,SOCIALLY AND POLITICALLY?