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First of all, the reason companies aren't hiring people is because they don't need any new employees. The reason they don't need any new employees is because overall demand for goods and services is down because everyone is broke.
So how will giving people EVEN LESS money to spend going to increase demand and therefore spur companies to hire more people?
Cutting wages will further sink the economy and cause even more unemployment.
The jobs debate has been totally derailed because of all this tax bullshit. Companies have ZERO interest in hiring anybody right now because they don't need to. You could lower taxes to zero and lower the minimum wage to $1 and companies still wouldn't hire anybody because they have nothing for them to do.
That's why the only answer to jump start the economy is huge, nationwide construction project(s). Bridges, school repair, high speed internet, etc. Many different people can work in construction projects and once that money starts getting into their pockets, they'll start spending and as demand inches up for various goods and services, companies will start hiring again.
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