Another month and another lackluster employment figure. Both parties profess to be fixated on job creation. Where are they? In normal recoveries GDP booms and firms invest in exciting concepts that spur new hiring. Why not now? Despite corporate profits exceeding $1.5 trillion in the recent period, which elevated corporate cash balances over $2 trillion – both records – few firms dare expand. Uncertainty paralyzes both those with capital to invest and those with investments seeking capital. Several probable causes catalyze this economic confusion: looming tax increases, time-wasting regulatory demands and anti-business rhetoric emanating from Washington. All have merit, but...