Transcripts for CNN Your Money 20131228 19:03:00 : vimarsana

CNN Your Money December 28, 2013 19:03:00

much a kind of two americans story, and the combination of growing income inequality and the reason for the weak recovery mean that people at the top are doing very, very well, but for a lot of people, things aren't getting better. >> and carly, that corporation's sitting on an awful lot of cash, records of amounts of cash in the bank. what's going to make them have the confidence to spend that money to hire, because that's what's really missing here, a recovery where companies, they're flushed with cash, but they're not hiring. you've run a big company. what makes somebody hire? >> well, if you talk to a lot of companies, they say we really would like to hire people, but we can't find qualified people. so, the education crisis, if i may call it that, in this country isn't going away, and its consequences are becoming more and more dire. we also need immigration reform, because when you have a visa system, a work permit system that doesn't work, that causes an economy to hold back and underperform as well, and it causes companies to be uncertain about their labor force.

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