Most Under-reported Story of the Recession?

CNBC reports "Many Firms Reluctant to Hire Because of New Taxes, Rules".

According to this article:

The prospect of increased federal and state regulation and taxes has been particularly disruptive to the hiring plans of small- and medium-sized businesses, which have historically generated about two-thirds of the nation’s jobs...

In a recent interview with CNBC.com, the [American Chamber of Commerce]’s chief economist, Martin Regalia, described a paralyzing uncertainty over policy issues, saying that many members “had adopted an attitude of survival” and "few talked about net new hiring.”

Businesses don't like to hire in an uncertain environment, and while Congress has spent much of 2009 and early 2010 debating health care "reform", employers have little guidance on taxes, energy policy, financial sector reform, and other areas Obama promises to address. Meanwhile, the administration claims they're doing everything they can to create jobs.

If only the government would take advice from the medical profession: "first, do no harm." Instead, they seem to be complicit in keeping this crisis alive longer than necessary to make sure they don't "waste" it.