Corporate profits are expanding at a record-setting clip but 14.5 million Americans can't find jobs.

While there are no easy solutions, expanding and renewing the 2010 HIRE Act would be a good start.

In practical terms, the 2010 law lead 6.9 million unemployed people to new jobs in just five months, according to the U.S. Treasury Department.

With unemployment at 9.4 percent, the 2010 HIRE Act should be renewed and expanded to include a bigger incentive package. Businesses need a better reason to hire the unemployed right now and additional incentives to hire those who have been out of work the longest period of time.