CEOs tell The Washington Post why they’re not hiring.
Democrats say we need more stimulus, and Republicans say we need less regulation and lower taxes. But CEOs say the real problem is that they simply don’t trust American consumers will open their wallets in the coming years.

Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they’ve yet to amp up hiring or make major investments — the missing ingredients for a strong economic recovery. Corporate profits are soaring. Companies are sitting on billions of dollars of cash. And still, they’ve yet to amp up hiring or make major investments — the missing ingredients for a strong economic recovery.
Lester Roundtree is a new employee at Quality Float Work in Schaumburg, Ill. He is pressing stainless steel metal to make parts. Quality Float Works, Inc. makes individual versions of floating balls for toilet parts and industrial vacuums.

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