Government Bids

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 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…

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