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.... (substituting grades for dollars - something closer to home and more readily understood by all).
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. 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.
To their great surprise, ALL FAILED 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. It could not be any simpler than that.
Remember, there IS a test coming up. The 2012 elections.
These are possibly the 5 best sentences you'll ever read and all applicable to this experiment:
1. You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anybody anything that the government does not first take from somebody else.
4. You cannot multiply wealth by dividing it!
5. When half of the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation.
by: Ed Will
The professor was an idiot... Socialism is no more than the democratic control of the economy; which is no more than all primitives everywhere practiced, and that was the economy that survived with humanity, and was the main reason for the survival of all people everywhere... It is no secret that the economy controls people in often terrible and destructive fashions... People in the past survived without technology because they governed that which governed them, primarily the behavior of their own people and their means of production...
Now, though technology has improved many times over most people still struggle, and many live is dire want... Consider that the main property of the country is the geography that feeds them, and that this society was taken from king and natives by all the people, and that the people hold the ultimate title to all the wealth, and even if the people decide to trust all the commonwealth in private hands that even there it must support the population...There is no reason wealth should not be turned over to the commonwealth with every generation...
The notion that only wealth beyond needs is reward enough for people to do good is foolish... Honor was the reward when people had little, but honor had to be earned...Wealth, on the other hand only needs be be possessed to confer honor... No one looks closely at how profit is made or they would recoil in outrage... Very often things are sold below their true cost, which if the damage and cleanup were considered would not be bought at all...Democracy is only a defensive form of social organization... It never stopped anyone from being better looking or smarter than another... It never stopped anyone from making a contribution to their society... It never kept anyone from honorable rewards... Democracy is self defense, and the protection of all true rights, and rights are what no person can live without... Now, we may say that all are equal and have inalienable rights... The fact of the matter is that rights can be considered as property, and where property has rights those with more property also have more rights and the advantage leads to those with property having more property until they can deny to the people their own property, and make a commodity of the inalienable rights of the people... Because this land is a commonwealth, the people are entitled to a minimum level of support from privatized property just as in the Roman Commonwealth... These entitlements are considered as a right, but the privilage of property that is not a right considers all rights as though privilages that can be denied... I would dare them to just to find out whether the people are ready for slavery or willing to work only for freedom...Economic inequality is the base of all injustice and all inequality, and it makes a mockery of equal justice and equal access to government...It is the ultimate destroyer of all societies...
We have only had capitalism a little over 500 years, and in that time it has come to threaten the whole of humanity with destruction, has been responsible for two world wars, and countless smaller wars... Compared to socialism as practiced by all primitive societies, it has hardly lasted its first day before bumping against its own demise... Capitalism has only survived because so much of primitive socialism has never been done away with...
The rich survive with the people's wealth only because the people must survive on the socialism of poverty... We could have the socialism of wealth, and for now, we are denied; but it is the very wasting of resources, including the human intellect, that will force in time a general socialism of poverty... No one will want it, but the longer we wait to take back the commonwealth, the worse and more desperate will be our condition... Your professor is so typical of what passes for formal education... No education is often better than a formal education since to be educated formally means to learn the form, and nothing more...