immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Justin Trudeau

Middle Class Dept: For the past three decades, Trudeau correctly noted, voters in Western democracies have supported a growth agenda of freer trade, balanced books, lower corporate tax rates to attract business investment, and strong public investment in education, RaD and infrastructure. That support rested on a promise that rising post-World War Two middle class prosperity would continue and grow, according to The Star. This country was built on a simple promise, Trudeau said. If you work hard, if we lean on each other, we re going to be able to succeed. But the reality is that we no longer believe in that to the level that we used to. The widening income inequality gap means there are more and more middle-class families that are slipping down toward having to use food banks, slipping out of the middle class and into the working poor, in a way that is the wrong direction from what we have to be building. Toward the end of a Liberal leadership campaign that was a stew of clich s, Justin Trudeau ably got to the heart of the matter in a Toronto Star editorial board meeting . He described a truth that still dares not speak its name among the global policy elite. It hasnt worked out that way, of course. After inflation, the middle class hasnt seen a pay raise in three decades, while corporate profits have skyrocketed. Indeed, these are strongly related. In the name of productivity, jobs and decent living standards have been sacrificed on the altar of mounting profits and CEO pay. (www.immigrantscanada.com). As reported in the news.