Monday, April 20, 2009


An economics professor at Texas Tech said he had never failed a single student before but had, once, 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 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 the benefit of anyone else. All failed, to their great surprise, 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.Could not be any simpler than that.............THIS IS WHY THE CURRENT ADMINS ECONOMIC PLAN WILL NEVER WORK!!!!


  1. Huh! I loved that illustration! Brilliant professor.

    I agree wholeheartedly. The current economic plan in the U.S. will NEVER work. It's time for Americans, Canadians (and any other country so likeminded) to buck up and pay the piper for past mistakes. It's time to stop the nonsense and not allow our children and their children (and so on) pay for this stupidity.

  2. Thanks so much for sharing that!! That was awesome!!

    And I loved your comment on my Learn from my Mistakes post. Hilarious. Be my new best friend. ;) lol

  3. This is such a great illustration of the current economic situation taking place in our country right now but, sad to say, I don't think alot of people have chosen to really face the facts of it.

  4. Object lesson... they got the point! Now if it could be this simple for the economic situation.