One would have to say "in the end everything is a gag, etc" because everything is infinitely more than just a gag. The same applies to other "is"-statements such as "Laughter is an instant vacation"
Alfred KorzybskiIt is a fallacy of the old schools to divide man into parcels, elements, thoughts, emotions, intuitions, etc. All human faculties consist of an interconnected whole.
Alfred KorzybskiDifferent โphilosophiesโ represent nothing but methods of evaluation, which may lead to empirical mis-evaluation if science and empirical facts are disregarded.
Alfred Korzybski