I am now having the same problem.
Windows 7 Professional.
I used level4 uninstall since I do not have an HP printer.
This was according to another post on the C++ problem I was having here:
I followed ALL the steps there, and now, using the HP Printer Install Wizard, it has come up with this exact error and it keeps cycling through downloading and installing the full software, which is about 305 MB in size.
Well, the last time it cycled through the Install Wizard, it came up with the C++ error again.
HELP!