For years, Canada's politicians have wondered who the middle class are and what do they want. This week, we add a fresh question -- are they satisfied with being number one? So now it's our middle class that "appears to be the richest," in the satisfied words of the Globe and Mail. Yet regardless of how sustainable it may be in the long term, having the richest middle class in the world could still prove deeply disruptive for Canada's increasingly middle class-centric political debate -- which exists in no term but the short.
Should we trust a political leader who does not understand basic economic notions? This question is becoming more and more relevant as the leader of the Liberal Party of Canada, Justin Trudeau, keeps making absurd statements about the economy. He also seems not to understand that government spending does not create wealth and that to stimulate the economy sustainably, we must do the opposite. There's not much harm in it as long as Mr. Trudeau cannot act on his absurd beliefs. But if the Liberal Party of Canada ever comes to power again, these ideas could become a threat to Canadians' economic security. Can we afford to take such a risk?