A Lesson In Prosperity

A modern parable on the effectiveness of socialism:

An economics professor at a local college made a statement to his colleagues that he had never failed a single student before, but had recently failed an entire class. That class had insisted that Obama's socialism was a good idea, that no one would feel bad, and they looked forward to to a society where no one would be poor or rich, but that everyone one would be equal and happy.

The professor told the class, "Okay, let's conduct an economics experiment in this class and see how well Obama's plan works." After the initial stir of excitement from the class, he explained that all grades for the class will be averaged and that everyone will receive the same grade, so that no one will fail and no one will exceed by getting an A grade (substituting grades for dollars - something closer to home for the students and more readily understood).

After the classes first test, the grades were averaged and the class was told that everyone got a B. The student who studied hard were a bit upset and the students who hardly studied - if at all - were pleased. (These students were confident socialism was a good thing.) As the second test was taken, the students who studied very little had studied even less for the test, and the ones who studied hard on the first test, resentful of what had happened on the first test, wanted a free ride, so they studied even less than before.

The second test average was a D! No one was happy with this outcome. When the third test rolled around, the class average was an F. As the tests came and went, the average score for the class never improved. Bickering, blame and name-calling all resulted in negative feelings towards other classmates, and no one would study for the benefit of anyone else.

To their great surprise, at the end of the course all failed and the professor told them that socialism applied in the real world as an economic model would also ultimately fail because when the reward is great, the effort is great, but when government takes all the reward away, no one will try or want to put any effort to succeed into their work.

The following five sentences are possibly the most important ones anyone will ever read and all apply to the lesson of this class's experiment:

1. You cannot legislate the poor into prosperity by legislating the rich out of prosperity.
2. What one person receives without working for, another person must work for without receiving.
3. The government cannot give to anyone anything that the government did not 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 providing financial support for them, and when the other half realizes that it does no good to work because somebody else is going to get what they worked for, then that point is the beginning of the end of any nation. 

For a current, real world, example of how well socialism works, just take a look at the country of Venezuela.

Socialism is nothing more than a con on the ignorant!