Thursday, January 9, 2014

"Entire Class Fails when Obama’s Socialism Experiment Fails" is FAKE

There is a post going around

THIS TEACHER ROCKS! Entire Class Fails when Obama’s Socialism Experiment Fails

"An economics professor at a local college made a statement that he had never failed a single student before, but had recently 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 will be averaged and everyone will receive the same grade so no one will fail and no one will receive an A…. (substituting grades for dollars – something closer to home and more readily understood by all).
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. As the tests proceeded, 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."

First, if this was an economics professor doing this he would understand a few things about, you know, economics and the varying economic structures.
Second, its fake...

Obama is far from socialist! 

Rich Rubio wrote a post on The Huffington Post Barack Obama: A Socialist He Is Definitely Not

Socialism is a system wherein the population of a nation controls the means of production, not private individuals. There are many socialist elements in the U.S. including public beaches, public transportation, and public parks.

Obama signed the Patient Protection and Affordability Act, a.k.a. Obamacare. The act requires every American to have health insurance. This act does not nationalize the healthcare industry, but instead provides government subsidies to private insurance companies. In effect, the nation's health care industry received about 31 million new customers courtesy of Uncle Sam.

Obama has done little to nothing to push the political spectrum toward socialism, he been called "The Worst Socialist Ever" by many  socialist

There is a difference between Socialism and Communism

The definition of Socialism Republicans and Conservatives give is more like the definition of Communism instead of Socialism. Socialism is best described as Capitalism with a conscience. It's a less harsh Capitalist system with a safety net for the losers. Socialism is also more Meritocratic than Capitalism. (Meritocracy: a system in which the talented are chosen and moved ahead on the basis of their achievement)

In a Capitalist system wealth is hoarded and passed down generation to generation, about forming aristocratic castes that work together and trade together to keep wealth amongst themselves.

In a Socialist system these castes are broken up, inheritance challenged and money made more available to those at the bottom so they may engage and challenge in competition too.