Of course it would also just make things worse, in that companies already tend to get innundated with garbage (or at least really not well aligned) candidates. This would just add more poop to the swimming pool. Eventually nobody wants to go near it, and the owners of the pool just turn their backs and find alternatives.
This last point is another reason that networking and personal connections are almost always the best way to get job opportunities (often before they even reach the recruiters).