Hank: What's a 'conservative?'
Me: A conservative is someone who wants you to keep your allowance.
Hank: And what's a 'liberal?'
Me: A liberal is someone who wants the government to decide how to spend your allowance.
Hank: On what?
Me: Well, all kinds of things. Let's say they want to spend your allowance on eggs.
Hank: They'd be MY eggs.