Thaksinomics

Thaksinomics

Three contractors. . . . . .one from Thailand, another from Germany and
The third from England are bidding to repair the White House fence.
They go with a White House official to examine the fence.

The English contractor takes out a tape measure and does some
Measuring, then works on some figures with a pencil. "Well," he says,
"I figure the job will cost $ 900- $ 400 for materials, $ 400 for labour
And $ 100 profit for me."

The German contractor also does some measuring and figuring, then
Says, "I can do this job for $ 700 . . . .$ 300 for materials, $300 for my
Crew and $ 100 profit for me."

The Thai contractor doesn't measure or do any figuring, but leans
Over to the White House official and whispers: " $ 2,700. "

The official incredulously says, "You didn't even measure like the
Other guys! How did you come up with such a high figure?"

"Easy," the Thai explains, "$ 1,000 for you, $ 1,000 for me and
We hire the guy from Germany to do the work!"