“Because there’ll be no poor people and no rich bastards. At last we’ll all be equal,” chorused the students.
So the professor said:
“OK, we’ll run an experiment on Obama’s plan. I’ll average all your grades.
“You’ll all get the same grade. None of you will fail, and none of you will get an A.”
After the first test, the grades were averaged. The whole class got a B.
The students who’d studied hard were upset. But the students who’d mucked around were over the moon.
The second test rolled around. The students who hadn’t done much work the first time did even less this time.
And those who’d studied hard for the first test now decided they wanted a free ride too. They put down their books and went partying.
The second test average was a D!
No one was happy.
In the 3rd test, the average grade was an F.
The tests went on, but the scores never did improve.
The classroom had become a snakepit of bickering, blaming and name-calling. No one would study for the benefit of anyone else.
To their great surprise, at the end of the term the professor failed the whole class. (He’d never before failed a single student.)
The professor told the class:
“Socialism is also bound to fail. Because when the reward is great, the effort to succeed is great. But when government takes all the reward away, no one will see any point in working.”
It couldn’t be any simpler than that.
Remember, there is a test coming up: next Saturday’s election.
Now here are five of the best sentences you’ll ever read. They all apply to the above experiment:
- You can’t legislate the poor into prosperity by legislating the wealthy out of prosperity.
- What one person gets without working for, another person must work for without getting.
- The government can’t give anyone anything that it doesn’t first take from someone else.
- You can’t multiply wealth by dividing it!
- When half the people figure out they don’t have to work because the other half will take care of them, and when the other half figure out they’d be mad to work because their pay will be given to someone else, that’s the beginning of the end of any nation.
Thanks to the excellent Foundation for Economic Growth for sending me the original (which I tinkered with for effect).