Three contractors are bidding to fix a broken fence at the White House in
Washington D.C. One from Bangladesh , another from India and the third,
from China.
They go to White House office 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 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, $300 for my team and
$100 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, outraged 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 the guy from China to fix the fence."
"Done!" replies the government official.
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