[WAR-PARTY]

I know it's Monday but here is a good work out for those few brain cells that arn't involved in getting one laid, drunk or trying to find a fatty. And hey if you need a theme for you end of year dissertation, feel free. I was once ask what I thought about Viet Nam, I replyed Hell I don't know I smoked so much dope back than I should still be green! I got an "A"

Bar stool economics

Suppose that every day, ten men go out for beer and the bill for all ten
comes to $100. If they paid their bill the way we pay our taxes, it
would go something like this:

The first four men (the poorest) would pay nothing.
The fifth would pay $1.
The sixth would pay $3.
The seventh would pay $7.
The eighth would pay $12.
The ninth would pay $18.
The tenth man (the richest) would pay $59.

So, that's what they decided to do.
The ten men drank in the bar every day and seemed quite happy with the
arrangement, until one day, the owner threw them a curve. "Since you are
all such good customers," he said, "I'm going to reduce the cost of your
daily beer by $20."Drinks for the ten now cost just $80.

T he group still wanted to pay their bill the way we pay our taxes so the
first four men were unaffected. They would still drink for free.
But what
about the other six men - the paying customers? How could they divide
the $20 windfall so that everyone would get his 'fair share?' They
realized that $20 divided by six is $3.33. But if they subtracted that
from everybody's share, then the fifth man and the sixth man would each
end up being paid to drink his beer. So, the bar owner suggested that it
would be fair to reduce each man's bill by roughly the same amount and
he proceeded to work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing (100% savings).
The sixth now paid $2 instead of $3 (33%savings).
The seventh now pay $5 instead of $7 (28%savings).
The eighth now paid $9 instead of $12 (25% savings).
The ninth now paid $14 instead of $18 (22% savings).
The tenth now pa id $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued
to drink for free. But once outside the restaurant, the men began to
compare their savings.

"I only got a dollar out of the $20,"declared the sixth man. He pointed
to the tenth man," but he got $10!"
"Yeah, that's right," exclaimed the fifth man. "I only saved a dollar,
too.
It's unfair that he got ten times more than I!"
"That's true!!" shouted the seventh man. "Why should he get $10 back
when I got only two? The wealthy get all the breaks!"

"Wait a minute," yelled the first four men in unison. "We didn't get
anything at all. The system exploits the poor!"

The nine men surrounded the tenth and beat him up.
The next night the tenth man didn't show up for drinks, so the nine sat
down and had beers without him. But when it came time to pay the bill,
they discovered something important. They didn't have enough money
between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our
tax system works. The people who pay the highest taxes get the most
benefit from a tax reduction. Tax them too much, attack them for being
wealthy, and they just may not show up anymore. In fact, they might
start drinking overseas where the atmosphere is somewhat friendlier.

David R. Kamerschen, Ph.D.
Professor of Economics
University of Georgia

For those who understand, no explanation is needed. For those who do not
understand, no explanation is possible.

[MustangMatt96GT]

i love that! I love how its said to! It really is much easier to understand that way!

[232stang]

wow... thats a freaking awesome explanation!

[MSO]

dude

[2000Si]

Just goes to show you how greedy people can be. You paid less before, and you got a smaller break on the bill. but you bitch about the guy who has always paid the most getting the biggest break.

[MSO]

its not greed, its stupidity

theres a slight difference

[2000Si]

No it is greed. He wants to get as big a break as the guy who paid more, without having to pay more. He wants something for free, which comes from him bitching about the guy who got the 10 dollar break. If he got a 10 dollar break, he'd be getting paid to drink.

He wants something for nothing, that's greed.

[MSO]

but if he's ignorant of how the system works..

well i dunno man ill argue wit u tomorrow

i jus got laid i dont rreally care right now hahahahaha

[2000Si]

I figured you were going to come in here and tell me that the real definition of greed isn't in the dictionary...

[BWAL]

i love that shit.