Tuesday, March 3, 2009

Economics Lesson


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."

11 comments:

jessielavon@yahoo.com said...

going back to hospital
3/03 Mama has taken her radiation and is having her antibiotics.We are hoping the surgery will be Friday to remove the kidney.
They will cut her from her back to the front then down to her groin,remove her bottom rib then the kidney.
The Doctor says she will be down for 6 weeks and will have to take 7-10 meds for a while.
When we left tonight she was on pain meds and said if they keep taking stuff out of her there wasn't going to be enough left when she does pass and asked the doctor to save her rib for her and trying to eat a Krispy cream doughnut and drink Mountain Dew. Her spirits are good and said to tell her darlings hello.Were taking her art and some items y'all had sent some while ago to decorate the room so she has her favorite items around her while recouping. we will keep you updated.Thanks for prayers and thoughts and the treasure and trinkets that have arrived,She is waiting till after the surgery to open goodies sent to give her spirits a lift.
Now I wonted to say a few words about Mama,she has been a great lady who always took in other children off the street to help them ,always sacrificed her life to put us through collage and always wore hand-me-downs so we had the best clothes.Worked had in the garden to can food for us and aways had a smile on her face no matter how bad things got.SHE GAVE UP AND NEVER DATED AFTER HER DIVORCE, WITH NO CHILD SUPPORT TO GIVE ALL HER TIME AND DEVOTED TO US CHILDREN AND ALWAYS GAVE UNCONDITIONED LOVE TO US.
I hope her friends here will keep her in their thoughts till she returns home.

This is Dusty,one of Mama's daughters.She has had a really bad night with the pain,If any of her friends here would like to see a donation in a small creation of art , cards or money it would be greatly appreciated. Her hospital bills and meds are running high.Thank you for any thoughts.
It can be sent to
Jessie LaVon

Renie Burghardt said...

Oh, Yeah, a perfect explanation of the stimulus bill!

Have a good day, Ann.

Hugs,

Renie

Granny Annie said...

I didn't know there were any college professors left who were smart enough to come up with something like this great explanation of the stimulus package.

Michele said...

Couldn't have been explained any better!

Margaret Cloud said...

Very well put, nice post.

Empress Bee (of the high sea) said...

i just read this to sarge and we are both laughing at it!

smiles, bee
xoxoxoxoxoxoxoxo

Lib said...

Hi Ann,
Trying to catch up here.
Hope you're having a great wk.
Blessins',Lib

valerie walsh said...

Thank you for stopping by and i think you have a wonderful blog here yourself :) Take care, valgal

Deborah Wilson said...

It sort of explains it - except that the pool will eventually overflow.

Maddy said...

Oh for shame. I always believe in learning kinesthetically but that takes the biscuit!
Cheers

limpingalong said...

Yep, that's the way I see it! (Stimulus)