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Good Analogy

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cj8lvr View Drop Down
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Joined: 10 February 2005
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    Posted: 25 February 2009 at 9:19am

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.

 

The y 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."



Edited by cj8lvr - 25 February 2009 at 9:21am
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Jake White
Owner of CartoTracks.com Trail Maps
Past RCRC - VP
Past Nat'l CJ-8 Scrambler Owners Association President
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Guests Quote  Post ReplyReply Direct Link To This Post Posted: 25 February 2009 at 9:58am
You aren't seeing the big picture here.
 
We would have to hire a crew to haul the buckets from one end of the pool to the other.  The crew will require buckets which will be purchased at a local store.  We will have to have at least one (probably more) levels of supervision which means more people will be hired.  The government will have to have an agency in place to make sure the job is completed spending all of the money allocated for the project, this will mean more people will be hired.  Numerous forms will be required which will help the paper industry which in turn will help the pulp logging industry.  All of these people will be happily employed and paying taxes.  Within mere days all will be right in the world.
 
How can you be so small-minded that you can't see the big picture?  I'm disappointed in you Jake!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote cj8lvr Quote  Post ReplyReply Direct Link To This Post Posted: 25 February 2009 at 11:28am
LOL
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Jake White
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Tex62 Quote  Post ReplyReply Direct Link To This Post Posted: 25 February 2009 at 12:57pm
I think Michael gets it Wink silly Jake
Mike
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