President Barack Obama speaks on the many troubles facing the American middle class. He announces the creation of the White House Task Force on Middle Class Working Families, headed by Vice President Joe Biden. The task force is charged with creating new jobs and monitoring the problems that middle-income working families face, with the ultimate goal being to raise the living standards of those already in the middle class, as well as those aspiring to it. The President also announces plans to sign three executive orders intended to make unionization easier for those employed by companies with federal contracts.
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