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-- the depth of great Britain's Margaret Thatcher one of the finest prime minister that the country ever had some would argue perhaps the finest.
We remember the special political relationship and friendship between Margaret Thatcher and president Ronald Reagan.
President Reagan famously said that the war that brought us together for April found purpose.
And on his 83 birthday back in 1994.
Thatcher honored her dear friends legacy take a look at that's.
News -- and into our midst.
At a time when -- -- needed you most.
This thing comes they had these short period of national madness.
The Internet -- and it sends a moral direction.
-- any took the cost is moving yet as in men -- You unflappable.
And -- -- -- you are not limit America's president.
Important -- -- -- You what a great to lead up.
In a time -- average men.
You stored Tola than anyone else.
Our -- now he's served as president Ronald Reagan's economic advisor.
And worked with prime minister Thatcher knew her well -- with our and her husband -- at his home in California art.
Good to have you with us this morning -- -- Just talk to me what tell me about that your thoughts on her this morning.
You know she was a very normal person -- personal life as she was a girly girl she was very well grounded she wasn't some weird person.
You know they all talk about her is being set in their ways and intransigent and dictatorial that's not true if you presented a good argument to lady Thatcher.
When she was prime minister or otherwise she would listen to it and evaluated consider it.
And in many cases change her mind on subjects I mean the first tax -- she did -- Jeffrey -- Which she cut taxes where they've never been paid and raise taxes where they can't be avoided that -- 7980.
That one didn't work out well but then when Nigel Lawson became chancellor of the Exchequer she dropped the highest tax rate to 40% would know offsets.
And you've got the boom in Britain about incredible proportions and you know as just the person up.
Tony Blair for example thought she was the best prime minister upper right I checked with my friend -- have been energy who was -- chief economist and I was having dinner with her over in Chester square which is where she lived in office.
And I told her I said before we have dinner.
I've got to tell you that Tony Blair prime minister Blair thinks you're the best prime minister the -- -- IUK has ever had.
And she sort of giggled -- -- -- while I quite like him to.
I mean she transcended party label she was phenomenal it if you talk about Reagan being taller than any man ever.
Margaret Thatcher was taller than any lady ever she was as great for Britain as Reagan was for the United States -- miss her terribly.
You know in many ways.
She she made it look easy to be is as strong and have such you know sort of various strong -- addictions as she did it was not easy and there was -- kind of backlash.
To what she was doing in terms of you know cutting entitlements and union busting and Great Britain I mean she she went up against people who were so entrenched.
And she was fearless in that regard -- yet.
But internally it was -- I mean -- logic you know you can only get one answer when you add up a column of numbers.
There's no compromise on that answer it's writer it's not right if people don't work to pay taxes they worked to get paid after tax.
And -- -- dealing with all these -- repeat -- on privatizing.
Rail and coal and iron and all this she understood the economics.
And she wasn't willing to compromise at the expense of the British people.
And she did a great job on that the the only time I remember a problem existing between Reagan and Thatcher was on the Falkland Islands.
And whether she should go down there and do -- bottom line I think she ultimately was correct.
I think she should the right thing they're getting -- out of the Falkland Islands but that was -- clash between Reagan and Thatcher at that time but.
Other than that she just did what she knew was right.
And sooner or later it paid off and it paid off gloriously.
-- Martha she wasn't thrown out of the prime minister's seat.
By the by the liberals she was thrown out by labor she was thrown out of the -- -- -- own party.
That she was followed by major who quickly turned off the country and then you've got Tony Blair who was a great prime minister as well.
It's just it's just an amazing -- and it's so sad.
She talks about to in that clip that we just showed she talked about Ronald Reagan as -- -- not just a great president but a great leader.
And we talk a lot are about leadership.
And and what that takes -- You know I think the people of consequence.
In history right and so many leaders just comment go really -- -- little children years from now -- remember most about.
That actually was a leader a human being who had real consequence in her lifetime.
In a real person.
I'm -- when -- -- sitting there whether -- talking she was normal she didn't have an agenda she wasn't driven by some beast of her childhood.
She was very very focused on making Britain and the world a far better place.
And -- you know how to add numbers -- will have a look at incentives and economics -- all about incentives.
People like doing what they find attractive and repelled -- -- they find unattractive she knew perfectly well that if you tax people who work.
And pay people who don't work you're gonna get lots of people not working this isn't a position that's compromise -- And neither she nor Reagan compromise -- and bulk of the work correct.
And you can see the results in both countries is just spectacular.
What she and Ronald Reagan did.
And did together that someday maybe we'll have time to go through a lot of personal stories I could tell because.
I would love and that art and leg instead of an hour of well thank you it was just loads of fun being with a wee wee bit we'd love to hear more from him -- thank you so much -- Alan.
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