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An Economics Professor

Discussion in 'Politics, Elections & Legislation' started by Charles.F.Phillips, Nov 3, 2009.

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  1. Charles.F.Phillips

    Charles.F.Phillips TS Member

    Joined:
    Oct 6, 2009
    Messages:
    330
    An economics professor at a local college made a <br />
    statement that he had never failed a single student <br />
    before, but had once failed an entire class.

    --------------------------------------------

    That class had insisted that Obama's socialism <br />
    worked and that no one would be poor and no one <br />
    would be rich, a great equalizer.


    The professor then said, "OK, we will have an <br />
    experiment in this class on Obama's plan".


    All grades would be averaged and everyone would <br />
    receive the same grade so no one would fail and <br />
    no one would receive an A.


    After the first test, the grades were averaged <br />
    and everyone got a B. The students who studied <br />
    hard were upset and the students who studied <br />
    little were happy.


    As the second test rolled around, the students who <br />
    studied little had studied even less and the ones <br />
    who studied hard decided they wanted a free ride <br />
    too so they studied little. The second test <br />
    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 <br />
    and name-calling all resulted in hard feelings <br />
    and no one would study for the benefit of anyone else.


    All failed, to their great surprise, and the <br />
    professor told them that socialism would also <br />
    ultimately fail because when the reward is <br />
    great, the effort to succeed is great but <br />
    when government takes all the reward away, <br />
    no one will try or want to succeed.


    Could not be any simpler than that.

    (Please pass this on)

    If somebody is unable to understand THIS explanation, <br />
    I have serious doubts about their ability to even <br />
    function in society, much less run our country!<br />
    <br />
    As the late Adrian Rogers said, "you cannot multiply wealth by dividing it.."
     
  2. timberfaller

    timberfaller Well-Known Member

    Joined:
    Feb 24, 2007
    Messages:
    7,972
    Location:
    Eastern Washington
    Does He still have a JOB?

    I've never known anyone who taught the truth in a public college, kept their job after it was found out.

    They generally get the cold shoulder treatment from the other "professor's"! (male or female)
     
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