A conservative(R) friend of mine sent me this piece of wisdom. Following you will see my equally wise response.
Curious Carl
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 and that no one would be poor and 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 and everyone would receive the same grade so no one would fail and no one would receive an A...
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and 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.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
All failed, to their great surprise, and 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.
The professor then said, "OK, we will have an experiment in this class on Obama's plan".
All grades would be averaged and everyone would receive the same grade so no one would fail and no one would receive an A...
After the first test, the grades were averaged and everyone got a B. The students who studied hard were upset and the students who studied little were happy. As the second test rolled around, the students who studied little had studied even less and 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.
As the tests proceeded, the scores never increased as bickering, blame and name-calling all resulted in hard feelings and no one would study for the benefit of anyone else.
All failed, to their great surprise, and 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.
My Response:
Bad analogy.
Setting aside the fact that Obama is about as close to socialism as George Bush or Bill Clinton, let's take the same class of students. Let's say there are 40 in the class. Five of them will have a basket full of A's already sitting by their desks.
Five more will have a mixture of A's and B's. Twenty will have none, but they do have good study skills. The remaining ten have no idea how they got into the class in the first place. Now the students with the A's and the students with the mix of A's and B's just coast along because they can draw on their reserve . The twenty with no baskets study hard and earn A's and B's through their own efforts. But the students with the baskets are allowed to take some of the A's away from them.
Meanwhile the ten on the bottom decide to hold up the entire class and steal as many A's as they can get out of the room with.
Now that, my friend is Capitalism.
Curious Carl
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