Economic recovery

I'd be very surprised if we were actually seeing the beginning of real growth in the economy, unless, of course, we are talking about a brief uptick followed by a second retreat. The reason is very simple:

Why would any employer of any size hire one additional worker in this climate?

Similarly, why would any prospective entrepreneur go out on a limb to start a new business in this climate?

Why would anyone take the risk of such things with so much uncertainty about the economic future and government mandates, regulations, and stupidity?