Sunday, January 17, 2010

Why socialism doesn't work

An economics professor at a local college made a statement that he had never failed a single student before,
but had once failed an entire class.
That class had insisted that Obama's socialism worked & that no one would be poor & no one would be rich, a great equalizer.
The professor then said, "OK, we will have an experiment in this class on Obama's plan".
All grades would be averaged & everyone would receive the same grade so no one would fail & no one would receive an A...
After the first test, the grades were averaged & everyone got a B.
The students who studied hard were upset & the students who studied little were happy.
As the second test rolled around, the students who studied little had studied even less & the ones who studied hard decided they wanted a free ride too so they studied little. The second test average was a D!
No one was happy. When the 3rd test rolled around, the average was an F.
The scores never increased as bickering, blame & name-calling all resulted in hard feelings & no one would study for the benefit of anyone else. All failed, to their great surprise, & the professor told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great but when government takes all the reward away, no one will try or want to succeed.
Could not be any simpler than that. Remember, there is a mid-term election in 2010!

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