Socialism Defined

This is from an Anti-Obama email I received.  Before I start with the email, the reader may know that I voted for Obama.  In my opinion, he was the best person for the job between our two main choices.  Although, my first two choices did not make it to the Republican Presidential ballot. Furthermore, I believe the premise of “Obama’s Plan” is not accurate.  Changing the health system is an imperative.  Although, I believe it can correct through business incentives rather than Congressional laws and regulations.  I don’t believe pure “equality” is the objective of the administration. But rather the “equal opportunity”.  And these are two very different things. 
I would also recommend that the reader take the time to read or re-read Atlas Shrugged.  Especially the chapters regarding the 20th Century Motor Company.  The concept is very relevant to the professor’s “expermiment” below.

Here is the professor who ran the experiment.It offers a very good lesson.

professor.jpg


An economics professor at a local college made a statement that he had never
failed a single student before, but had once failed an entire
class.

——————————————–

That class had
insisted that Obama’s 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 Obama’s
plan”. 

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.  

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 and 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.

Here is 1 of 6 of John Stossel’s take on Atlas Shrugged (Fox)

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