Thatcher (PM case study) Flashcards
What political movement did Thatcher become the figurehead for in the party?
The ‘new right’
List Thatcher’s three parliamentary majorities
- 1979: 43
- 1983: 144
- 1987: 102
What two factions was the conservative party split between until 1983?
The wets and the dries
Describe the wets
They were more traditional, ‘one nation’ conservatives who believed in centrist policies. Given this name because they were seen as weak in dealing with economic issues
Describe the dries
Held neoliberal beliefs; led by Thatcher
What did Thatcher do to unite the party around her?
Purged the wets from party leadership and replaced them with her allies
List three of Thatcher’s key policy goals
- Privatisation
- Balancing the budget
- Curbing TU power
- Cutting taxes
- Deregulation
- Slashing welfare
- Emphasising defence and national security
- Strongly confronting the USSR
Describe Thatcher’s style of leadership
Extremely dominant personality who refused to compromise with her opponents. Supporters called her principled and visionary, while her opponents called her stubborn and uncompromising
Why was Thatcher unpopular until 1982?
The measures she introduced did not save the struggling economy
How was Thatcher’s reputation as the iron lady created?
Because of her swift military response to Argentinian invasion of the Falklands
What two events allowed Thatcher to transform the party in her image?
- Success in the Falklands
- The UK economy began to improve
How did the end of the Cold War help her?
She and Reagan were congratulated for ‘defeating communism’
What did Thatcher strongly oppose on the foreign policy stage?
Greater integration with Europe
What miscalculated policy did Thatcher introduce in 1988?
The poll tax was created to replace local property tax
Why was the poll tax so controversial?
Because it did not take into account people’s incomes and so violated the principle that taxation should be based on ability to pay