UCubed: 'Add a Line, Mr. President' - InvestingChannel

UCubed: ‘Add a Line, Mr. President’

The Union of Unemployed (UCubed) calls upon President Barack Obama to include the following line in his upcoming inaugural address:

“It is vital that we have an economic strategy that can create jobs and raise incomes to sustain growth.”

The sentence was spoken Thursday, January 10, 2013, by Japanese Prime Minister Shinzo Abe. Abe was announcing a new $224 billion stimulus package aimed at creating 600,000 new jobs.

“If President Barack Obama added a similar line to his Second Inaugural Address — and backed it up with an all-of-government strategy to create jobs — the 22.7 million Americans still searching for work would be forever grateful,” said UCubed Executive Director Rick Sloan.

After two lost decades, Abe’s Liberal Democratic Party is now “touting public works spending and subsidies to strategically important sectors as part of its plan to revive the economy,” according to the Associated Press.

UCubed continues its call for the president to create a 21st century Works Progress Administration (WPA) similar to the one created by President Franklin Delano Roosevelt in 1935. The celebrated public works project is credited for putting 8.5 million Americans back to work during the Great Depression.

With over 134,000 activists who regularly connect with over 35 million Facebook friends, UCubed represents a significantly rising demographic of unemployed and underemployed Americans. UCubed was created to provide a structure for those 22.7 million jobless individuals to take political, economic and social advantage of their growing numbers. For more information, visit www.UnionofUnemployed.com. UCubedRick Sloan, 240-274-