Last Friday came word from the Obama administration that the stimulus has created or saved nearly 650,000 jobs. David Bahnsen, a frequent contributor to WORLD Magazine, points out that most of these positions are “public sector administrative jobs hired to oversee work that no one in their right mind believes is in need of being done.” He goes on to ask:

[H]ow many people believe the private sector could create 650,000 jobs on its own, and pay them more than government secretaries get paid, and have them do something more useful than data entry related to a government job, if we cut the corporate tax rate from 35% to 25%? Or how about this: A complete and total repeal of the insidious corporate tax? Repeal of this globally stifling tax would cost $300 billion in total revenue – just 38% of the cost of the stimulus, yet would create a bare minimum of 2 million new jobs (over 3x the amount that the stimulus is said to have created). And this measure, which would cost 1/3 as much, and would create 3x the results, would do so by creating real jobs that actually add to the dignity and value of our society. Imagine that.

Read his analysis in its entirety here.