I don’t know who wrote this, I received it an email from a family member.
It is worth repeating:
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 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 this 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.
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.