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" "As Prime Minister between 1979 and 1990 I had the opportunity to put these convictions into effect in economic policy -
We intended policy in the 1980s to be directed towards fundamentally different goals from those of most of the post-war ear. We believed that since jobs (in a free society) did not depend on government but upon satisfying customers, there was no point in setting targets for 'full' employment. Instead, government should create the right framework of sound money, low taxes, light regulation and flexible markets (including labour markets) to allow prosperity and employment to grow.
Margaret Hilda Thatcher, Baroness Thatcher (13 October 1925 – 8 April 2013) was a British politician and stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the first female British prime minister and the longest-serving British prime minister of the 20th century. As prime minister, she implemented neoliberal economic policies of deregulation and privatization that became known as Thatcherism. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style.
Biography information from Wikiquote
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There I was caught out by the press. I was standing on a heap of cut grass and the Daily Mirror photographer asked me to pick some up. I saw nothing wrong with that, and so I obliged. He took his photograph — and the picture duly appeared the following day with the caption ‘Let them eat grass’. It does not do to be too co-operative.