The Obama plan, Fail 101

 Professor is a Genius        

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.