Three contractors are bidding to fix a broken fence at the White House in D.C. One from Bangladesh, another from India and the third, from China. They go with a White House official to examine the fence. The Bangladesh 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 to about $900. ($400 for materials, $400 for my team and $100 profit for me)". The Chinese contractor also does some measuring and figuring, then says, "I can do this job for $700. ($300 for materials, $200 for my team and $200 profit for me)". The Indian 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 Indian contractor whispers back, "$1000 for me, $1000 for you, and we hire ...
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