Not my work - but a good read!! 
An economics professor at a local school made a statement that she had never failed a single student but had recently failed an entire class. That class had insisted that socialism worked as no one would be poor and no one would be rich…it would all be a great equalizer.
So she then said “OK, we will have an experiment in this class on this plan to see how this works out. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.” (She did this knowing grades substituted for $$’s would be more meaningful to and more readily understood by the students.)
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 – and NOBODY was happy! When the third 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 the students 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 the government takes all the reward away, no one will try or want to succeed.
These are the 5 best statements to take away from 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 anything to anybody that the government does not first take from someone 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 worked for, that is the beginning of the end of any nation or society.
An economics professor at a local school made a statement that she had never failed a single student but had recently failed an entire class. That class had insisted that socialism worked as no one would be poor and no one would be rich…it would all be a great equalizer.
So she then said “OK, we will have an experiment in this class on this plan to see how this works out. All grades will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A.” (She did this knowing grades substituted for $$’s would be more meaningful to and more readily understood by the students.)
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 – and NOBODY was happy! When the third 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 the students 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 the government takes all the reward away, no one will try or want to succeed.
These are the 5 best statements to take away from 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 anything to anybody that the government does not first take from someone 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 worked for, that is the beginning of the end of any nation or society.
