Here is the professor who ran the experiment.It offers a very good lesson.
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
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,
we will have an experiment in this class on Obama’s
All grades would be averaged and everyone would receive the
same grade so no one would fail and no one would receive an A.
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
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
When the 3rd test rolled around, the average was an F.
scores never increased as bickering,
blame and name-calling all resulted in
hard feelings and no one would study for the benefit of anyone
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)