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Three contractors. . . . . .one from Thailand, another from Germany and the third from Japan are bidding to repair the White House fence.

They go with a White House official to examine the fence.

The German contractor takes out a tape measure and does some measuring, then works on some figures with a pencil.

"Well," he says, "The job will cost $ 900. That's $ 400 for materials, $ 400 for labour and $ 100 profit for me."

The Japanese 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 Japanese guy to do the work!"

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