Three contractors are bidding to fix a broken fence at the White House

One is from Chicago, another is from Tennessee, and the third is from Minnesota.All three go with a White House official to examine the fence.The Minnesota contractor takes out a tape measure and does somemeasuring, then works some figures with a pencil.“Well,” he says, “I figure the job will run about $900: $400 formaterials, $400 for my crew and $100 profit for me.”The Tennessee contractor also does some measuring and figuring, thensays, “I can do this job for $700: $300 for materials, $300 for mycrew and $100 profit for me.”The Chicago contractor doesn’t measure or figure, but leans over tothe White House official and whispers, “$2,700.”The official, incredulous, says, “You didn’t even measure like theother guys! How did you come up with such a high figure?”The Chicago contractor whispers back, “$1000 for me, $1000 for you,and we hire the guy from Tennessee to fix the fence.”“Done!” replies the government official.

And that, my friends, is how the new stimulus plan works!