An economics professor at Texas Tech said he had never failed a single
student before but had, once, failed an entire class. The class had insisted
that 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 socialism.
All grades would be averaged and everyone would receive the same grade so no
one would fail and no one would recieve an A. After the first test the
grades were averaged an everyone got a B. The students who studied hard were
upset and the students who studied little were happy. But, 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, name calling all resulted in
hard feelings and no one would study for anyone else. All failed to their
great surprise. The professor told them that socialism would ultimately fail
because the harder it is to succeed the greater the reward but when a
government takes all the reward away; no one will try or succeed.
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John Adams “The moment the idea is admitted into society that property is not as sacred as the laws of God, and that there is not a force of law and public justice to protect it, anarchy and tyranny commence.”
Ronald Reagan: 'Everybody that is for abortion has already been born'
"I never said I was worth it. I only said I wouldn't do it for less " William F. Buckley Jr.
Texas Tech Econ professor
