Government Contractors

Three contractors are bidding to fix a broken fence at The White House in D.C. One from New Jersey, another from Tennessee and the third, from Florida. They go with a White House Official to examine the fence.

The Florida contractor takes out a tape measure and does some measuring, then works some figures with a pencil. 'Well,' he says, 'I figure the job will run about $900: $400 for materials, $400 for my crew and $100 profit for me.'

The Tennessee 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 New Jersey contractor doesn't measure or figure, but leans over to the White House official and whispers, '$2,700'

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

The New Jersey 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 it all works !!!