Here is another tidbit from Paul’s Sunday email. Something we should all remember – you can even see this attitude on the beach – the longer the boys are here the lazier they become.
An economics professor at Texas Tech said he had never failed many students at one time except on the occasion when he failed an entire class. That 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 be outstanding. 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. 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, 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. The professor then told them that socialism would also ultimately fail because when the reward is great, the effort to succeed is great; but when all the reward is taken away, no one will work to succeed.
Nothing could be any simpler than that….
Of course there is also a lack of possibilities for growth here to add to the problem – good jobs are scarce and wages are low, easier just to find a willing farang - but still when you receive something free it has little or no value - iPhones, gold necklaces, computer, dinners – and so on. – nothing saved, spend today – just the same tomorrow or maybe dead , who know – just enjoy now. Not an attitude to build a future.