July 23, 2009


Allison's mom sent me this...I thought it was a great way of putting it......

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.

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.


clarkitect said...

Too many economic theories/policies do not take the fallen human condition into account. Human beings living in utiopia is a false dichotomy that reinforces Earth is not our home. The more an economic/political system claims to be able to create utopia the closer it resembles hell; please see: Fascist Italy, National Socialist Germany, and Communist Russia. All economic/political systems will be evil-- they have no choice. However, your story demonstrates there are those which take into account the human condition better than others (republics, democracies, & capitalism). Yet even those are run by sinful man, the fruits of which we are beginning to witness. All else fails without God.

Anna said...

enjoyed this post.