John Boehner made the argument yesterday that companies weren't hiring because of the uncertain future. Paraphrasing, he put it this way: --How will new regulations on businesses affect the cost of doing business? --How will the cost of a new health care initiative affect the cost of doing business? --How will a new energy plan (particularly cap & trade) affect the cost of doing business? But doesn't business always take into consideration risk factors? Nothing ever stays the same. Can anyone predict, ever, that every business in America will survive even under the best of circumstances? Profits are needed to sustain a profit margain AND to cushion the blow if there are future downturns. When did the private sector ever hold back from taking risks in order to generate profit? Boehner is just blowing smoke, as usual, to score political points. The PROBLEM with the rising unemployment TODAY, the reason businesses aren't hiring, is because they are unable to enew their myriad methods for maintaining cash flow, part of which, in addition to profits, is available credit to buy the products they need to keep their businesses afloat. And that problem can still be laid directly at the feet of the giant investment "banks" like Goldman Sachs and Bank of America who continue to be tight fisted with their lending practices to the smaller community banks which the private sector relies upon for credit. The Big Banks like BofA are rushing to pay off their TARP loans because they don't want re-regulation of their operations. That tells me that they're still trying to hide something, Let's also be realistic about what the future job market will look like. --Many of those who are now jobless will never get those same jobs back. Layoffs that have occurred by small businesses and factories barely holding on by continuing to produce soon-to-be obsolete products have gone out of business for good. Retraining of those employees will be required directed toward the jobs of the future. --There are only so many technical and management opportunities available, and new and recent grads will continue to be looking for work until a new work environment begins to take place. And that can only happen by large investments in the future of those entrepreneuring ventures and joint ventures who TAKE THE RISKS involved in establishing new, modern, upgraded businesses adaptable to the needs of the 21st Century.