My brother got this from Aaron Kemmer.
So our illustrious leader asks the class for an example of a tragedy.
One little boy stands up and offers, "If my bestfriend, who lives next door, is playing in the street and a car comes along and runs over him, that would be a tragedy."
"No," says Bush, "that would be an accident."
A little girl raises her hand: "If a school bus carrying 50 children drove off a cliff, killing everyone, that would be a tragedy."
"I'm afraid not," explains the President. "That's what we would call a GREAT LOSS."
The room goes silent. No other children volunteer.
President Bush searches the room.
"Isn't there someone here who can give me an example of a tragedy?"
Finally, way in the back of the room, Little Johnny raises his hand.
In a quiet voice he says, "If Air Force One, carrying Mr. and Mrs. Bush, was struck by a missile and blown to smithereens, that would be a tragedy."
"Fantastic," exclaims Bush, "that's right. And can you tell me WHY that would be a tragedy?"
"Well," Johnny says, "because it wouldn't be an accident, and it surely wouldn't be a great loss."