Obama Economics

An economics professor at a local college made a statement that he had never failed a single student before, but had recently failed an entire class.

That class had insisted that Obama's socialism would work, 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 have to fail, but no one would be able to 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 far less.

The second test average was a D! No one was happy.

When the 3rd test finally rolled around, the average was an F.

As the tests proceeded, the scores never increased – but bickering, blame and name-calling all resulted in hard feelings and no one would agree to study for the benefit of anyone or everyone else.

All failed, to their great surprise, and the professor explained to them that socialism would also ultimately fail for exactly the same reason – because when the reward is great, the effort to succeed is great, but when someone (government) takes the reward away, no one will try or care enough to strive to succeed.

Couldn't be any simpler than that...

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