Tuesday, November 1, 2011

The Lesson No One Forgot

This came to me as one of those forwarded messages that we all get on the internet. No matter, the point is excellent and needs to be spread far and wide. So, I am.

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 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 will be averaged and everyone will receive the same grade so no one will fail and no one will 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.

When 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 for the same reason: 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 any explanation of this principle be simpler? We will have a test on this principle come November 2012.

1 comment:

Principlex said...

It's pretty obvious that any principle which gets in the way of the individual's pursuit of his values is the cause of eternal discord and war.

It is one of the great ironies that people want socialism because it is their ideal of the good. When you encounter such a person, you run - or at least keep your distance from them. They bring ill will and suffering to your doorstep.