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Margaret Thatcher, the first woman ever to serve as prime minister of Great Britain and the longest-serving British prime minister of the 20th century, has died at age 87.

“It is with great sadness that Mark and Carol Thatcher announced that their mother Baroness Thatcher died peacefully following a stroke this morning,” Lord Timothy Bell, her former adviser, said today. “A further statement will be made later.”

Thatcher had significant health problems in her later years, suffering several small strokes and, according to her daughter, struggling with dementia.

In December 2012, she was underwent an operation to remove a bladder growth, longtime adviser Tim Bell told The Associated Press.

But during her long career on the political stage, Thatcher was known as the Iron Lady. She led Great Britain as prime minister from 1979 to 1990, a champion of free-market policies and adversary of the Soviet Union

Many considered her Britain’s Ronald Reagan. Indeed, Reagan and Thatcher were political soul mates. Reagan called her the “best man in England” and she called him “the second most important man in my life.”

The two shared a hatred of communism and a passion for small government. What America knew as “Reaganomics” is still called “Thatcherism” in Britain.

Like Reagan, Thatcher was an outsider in the old boys’ club. Just as it was unlikely for an actor to lead the Republicans, the party of Lincoln, it was unthinkable that a grocer’s daughter could lead the Conservatives, the party of Churchill and William Pitt — that is, until Thatcher. She led the Conservatives from 1975 to 1990, the only woman ever to do so.

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article courtesy of abcnewsgo.com

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