View Single Post
sammyg2 sammyg2 is offline
Unregistered
 
sammyg2's Avatar
 
Join Date: Aug 2000
Location: a wretched hive of scum and villainy
Posts: 55,652
Quote:
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 (wealth redistribution) 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 (you know who'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 wealth redistribution 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.

There are five morals to this story:

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.

=================================

I’ll make one final point. There are five morals to the story, but there are dozens of nations giving us real-world examples every day.

Sort of makes you wonder why some people still believe this nonsense?
Does Socialism Work? A Classroom Experiment « International Liberty

Now there may be a very small percentage of our population that actually has good intentions and really thinks wealth re-distribution is a good and moral idea (because 're just flat-out too stupid to get it) but I believe the vast majority of people who support this kind of idiocracy are just greedy selfish POS who want other people's stuff and are too darned lazy and worthless to go out and earn it themselves.

They deserve nothing and that's exactly what they should get.

Last edited by sammyg2; 04-18-2012 at 09:27 AM..
Old 04-18-2012, 09:17 AM
  Pelican Parts Catalog | Tech Articles | Promos & Specials    Reply With Quote #11 (permalink)