Wednesday, February 25, 2009

Stimulus Bill Explanation

Stimulus Bill Explanation
Author Unknown

Shortly after class, an economics student approaches his economics
professor and says, "I don't understand this stimulus bill.
Can you explain it to me?"
The professor replied, "I don't have any time to explain it at my
office, but if you come over to my house on Saturday and help
me with my weekend project, I'll be glad to explain it to you."
The student agreed.

At the agreed-upon time, the student showed up at the
professor's house. The professor stated that the weekend
project involved his backyard pool.

They both went out back to the pool, and the professor
handed the student a bucket. Demonstrating with his own
bucket, the professor said, "First, go over to the deep end,
and fill your bucket with as much water as you can."
The student did as he was instructed.

The professor then continued, "Follow me over to the shallow
end, and then dump all the water from your bucket into it."
The student was naturally confused, but did as he was told.

The professor then explained they were going to do this many
more times, and began walking back to the deep end of the pool.

The confused student asked, "Excuse me, but why are we doing this?
The professor matter-of-factly stated that he was trying to make
the shallow end much deeper.

The student didn’t think the economics professor was serious,
but figured that he would find out the real story soon enough.
However, after the 6th trip between the shallow end and the
deep end, the student began to become worried that his
economics professor had gone mad.
The student finally replied, "All we're doing is wasting valuable
time and effort on unproductive pursuits. Even worse, when
this process is all over, everything will be at the same level it
was before, so all you'll really have accomplished is the destruction
of what could have been truly productive action!"

The professor put down his bucket and replied with a smile,
"Congratulations. You now understand the stimulus bill."
All About Wealth---this is as good as I have ever seen it said:
You cannot multiply wealth by dividing it.
The government cannot give anything that it does not first take from someone.
You cannot legislate the poor into freedom by legislating the wealthy out of freedom.
For what one person receives without working, another person must work without receiving.

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 work for ........................ that my dear friend, is about the end of a nation.

Author Unknown


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