A friend sent this to me on email. I thought it was great and wanted to share!
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.
Have Fun!
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If the smartest 10% of students wouldn’t have been so greedy and hadn’t insisted upon the less academically inclined students doing all the work so they could get an “A”, everyone would have passed and everyone would have been happy.
Fat Lester recently posted..Unfettered State Socialism- Where To Draw The Line
You are correct in that if the top students hadn’t stopped working, everyone would have benefited, but that’s the point of the experiment. If the hardest workers are carrying all the others, there is no incentive to keep working hard.