Intelligence or Wisdom!
--Author Unknown
An economics professor at Texas Tech said he had
never failed a single student before but had, once,
failed an entire class. The 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 socialism.
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. But, 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,
name calling all resulted in hard feelings and
no one would study for anything else. All failed
to their great surprise and the professor told
them that socialism would ultimately fail because
the harder to succeed the greater the reward but
when a government takes all the reward away; no
one will try or succeed.
The problem with Socialism is that you eventually
run out of other people's money... Margaret Thatcher