Wednesday, February 25, 2009

Stimulous Bill Explained-E-Mail PHS 50 classmate

STIMULUS PLAN EXPLAINED
>
>
> 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
>=2 0doing 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."

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