The article highlights how political leaders are aging while the world faces pressing challenges. The 'grumpy patriarch' approach threatens democratic debate and younger leaders' influence.
"Passing wealth from generation to generation is a tradition, not an obligation. Some individuals don't feel comfortable with the decision to pass their money on to their children."
One would expect that the introduction of a $10 billion tax increase over a month ago would cause a storm of opposition. However, when Paul Martin mentioned that contributions to the Canada Pension Plan would leap from 5.85 per cent to 9.9 per cent, the finance minister felt little more than a gentle breeze.