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Willisms

« March 2011 | WILLisms.com | June 2011 »

Trivia Tidbit of the Day: Part 931 -- Right To Work States Versus Forced Union States. And Then There's Texas.

Everyone Should Have The Right To Work, Without Being Forced To Join Big Labor-

Some important stats on Right To Work states versus forced unionization states, courtesy of Senator Jim DeMint, who is doing his best to fend off the Federal Government's National Labor Relations Board, specifically regarding their decision to put the kibosh on Boeing opening new operations in South Carolina, a Right To Work state.

Right To Work states account for only 40.3% of the U.S. population:

righttoworkversusforcedunionpopulation.gif

But Right To Work states accounted for 59.4% of new private sector businesses since 1993:

righttoworkversusforcedunionbusinesses.gif

And Right To Work states are growing faster in population, as people pack up and move to where the jobs are:

righttoworkversusforcedunioncensus.gif

Forced-unionism states have lost a total of 25 Congressional seats over the past 30 years to Right To Work states.

Right To Work states added a net 497,041 private sector business establishments from 1993 to 2009, which is 46% greater than the 339,834 new private sector businesses added in forced-unionism states over that same period. Again, this is even more remarkable when you consider Right To Work states have a significantly smaller population:

righttoworkversusforcedunionbusinessgrowth.gif

Indeed, job creation is far more robust in Right To Work states (income growth, too):

righttoworkversusforcedunionjobs.gif

Texas, a Right To Work state, has benefited from this distinction, but it has also helped to carry the load of the right to work state figures. Indeed, Texas is the only state among the top 20 in size to have more jobs than five years ago:

texasonlystateaddingjobsoftop20.gif

Indeed, in the last five years, Texas has created more jobs than all other states combined. Texas has created more private sector jobs, more manufacturing jobs, more exporting jobs, more high paying jobs, more financial sector jobs, and so on and so forth, over the past year, several years, decade, and just about any other reasonable time frame.

America could, as Michael Barone notes, learn a lot from Texas.

Indeed, look at the past ten years of private sector job growth (or lack thereof), via The Business Journals:

privatesectorstatebystate.gif
Texas has enjoyed an unequaled economic boom the past 10 years.

The inventory of private-sector jobs in Texas increased by 732,800 between April 2001 and the same month this year, according to an On Numbers analysis of new federal employment data.

No other state registered an increase of more than 100,000 private-sector jobs during the decade. Only 19 states and the District of Columbia posted any gains at all.

When it comes to creating jobs, creating wealth, and improving mankind, forced unionism is an antiquated notion. Low taxes, limited government, having the right to work without forced unionism, and limits to frivolous lawsuits have helped Texas surge and thrive, which might explain why so many people want to draft Texas Governor Rick Perry for President.

For the record, no politician should ever get sole credit for the economy, but Governor Perry "gets it" unlike almost any other elected official today when it comes to government doing a very few things right, preventing bad things from being done, and then getting the heck out of the way and letting the private sector do what the private sector does best (creating wealth and new jobs).

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Previous Trivia Tidbit: Higher Education Productivity.

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Posted by Will Franklin · 31 May 2011 07:13 AM · Comments (0)

Trivia Tidbit of the Day: Part 930 -- Productivity & Higher Education.

Room For Improvement At The University of Texas at Austin-

An interesting new study out today highlights the vast disparities in teaching and research at UT:

Looking only at the UT Austin campus, if the 80 percent of the faculty with the lowest teaching loads were to teach just half as much as the 20 percent with the highest loads, and if the savings were dedicated to tuition reduction, tuition could be cut by more than half (or, alternatively, state appropriations could be reduced even more—by as much as 75 percent). Moreover, other data suggest a strategy of reemphasizing the importance of the undergraduate teaching function can be done without importantly reducing outside research funding or productivity.

....

* 20 percent of UT Austin faculty are teaching 57 percent of student credit hours. They also generate 18 percent of the campus’s research funding. This suggests that these faculty are not jeopardizing their status as researchers by assuming such a high level of teaching responsibility.

* Conversely, the least productive 20 percent of faculty teach only 2 percent of all student credit hours and generate a disproportionately smaller percentage of external research funding than do other faculty segments.

* Research grant funds go almost entirely (99.8 percent) to a small minority (20 percent) of the faculty; only 2 percent of the faculty conduct 57 percent of funded research.

* Non-tenured track faculty teach a majority of undergraduate enrollments and a surprising 31 percent of graduate enrollments.

* The most active researchers teach nearly the average of all faculty; increasing teaching loads of others would trivially impact outside research support.

Now time for the charts and graphs.

Teaching loads versus faculty costs:

teachingloadsversusfacultycosts.gif

Despite teaching 57% of the student credit hours, these 840 faculty account for only 28% of the total faculty costs at UT-Austin, or less than half of their teaching proportion. In terms of external research grants, these 840 faculty members generate 18% of the campus’s research funding –nearly their proportion of the total faculty.

....

Although this 80% of faculty carries a minority of the campus’s teaching load, it accounts for 72% of all faculty costs to the Austin campus.

....

Curiously enough, the explanation of such a low teaching load for the 20% of faculty with the lowest amount of teaching is not that they are otherwise occupied by research. Indeed, they bring in a disproportionately low amount of external research funding (13% of all external research grants)...

Another way to look at the productivity of the five quintiles:

facultynumberteachingloadtotalcost.gif

Maybe this is just how any organization is-- the top quintile carries the rest of the group, but that's not an excuse for just letting it persist.

The excuse for data showing so many non-teaching professors was that they were busy doing research. Unfortunately, there may not as much research going on as we were made to believe:

facultyresearch.gif
20% of the faculty at UT-Austin accounts for over 99.8% of all research dollars; 10% of the faculty account for 91.2% of all research dollars at the University. Whereas 57% of the teaching is done by 20% of the faculty, in terms of externally funded research, roughly only 2% of the faculty conducts 57% of the funded research.

I am sure there are plenty of anecdotal exceptions to these data. I am sure there are some brilliant professors who do remarkable things that somehow don't show up in the data. That may very well be the case, and more analysis is probably needed to explain those exceptions, but this study is a great first step toward improving the efficiency at our big public institutions of learning.


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Previous Trivia Tidbit: Foreclosure Rates.

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Posted by Will Franklin · 23 May 2011 03:21 PM · Comments (1)

Trivia Tidbit of the Day: Part 929 -- Foreclosure Rates Tell A Tale Of Texas' Awesomeness.

Texas Dominates Again-

The Texas mortgage foreclosure rate in April 2011 was roughly half the national rate, and far below the rate in California:

mortgageforeclosurerate.gif

Meanwhile, sales tax collections in Texas were up 11.4% in April, relative to April 2010.

Obamanomics isn't helping America get out of our national economic funk nearly fast enough.

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Previous Trivia Tidbit: It Ain't Bragging If It's True.

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Posted by Will Franklin · 20 May 2011 11:37 AM · Comments (1)

Trivia Tidbit of the Day: Part 928 -- Texas. It Ain't Bragging If It's True.

Texas Cities Dominate-

Forbes magazine just named its Best Cities for Jobs 2011 list, and Texas cities once again dominate:

...no place displayed more vibrancy than Texas. The Lone Star State dominated the three size categories, with the No. 1 mid-sized city, El Paso (No. 3 overall, up 22 places from last year) and No.1 large metropolitan area Austin (No. 6 overall), joining Killeen-Temple-Fort Hood (the No. 1 small city) atop their respective lists.

Texas also produced three other of the top 10 smallest regions, including energy-dominated No. 4 Midland, which gained 41 places overall, and No. 10 Odessa, whose economy jumped a remarkable 57 places. It also added two other mid-size cities to its belt: No. 2 Corpus Christi and No. 4 McAllen-Edinburgh-Mission.

Whatever they are drinking in Texas, other states may want to imbibe. California–which boasted zero regions in the top 150–is a prime example. Indeed, a group of California officials, led by Lt. Gov. Gavin Newsom, recently trekked to the Lone Star State to learn possible lessons about what drives job creation.

Let's break those down a bit more.

Out of 243 small cities, Texas had 3 of the top 4, 4 of the top 8, and 7 of the top 25:

smallcities-kotkin.gif

Looking at medium and large sized cities tells a similar story:

mediumcities-kotkin.gif

Of 90 medium-sized cities, Texas has 3 of the top 5, plus number 18.

bigcities-kotkin.gif

Of 65 large cities examined, Texas had 4 of the top 5, plus number 15.

Then there's CEO Magazine, which yet again named Texas its number one state for business, just this week.

Not to mention: Texas' major cities all have unemployment rates below the national average and especially below the rates in California cities:

unemploymentmajorcities.gif

It's not bragging if it's true. Despite Barack Obama's clear targeting of Texas, Texas thrives. That must be driving him a little bit crazy. No wonder he lost his cool with Texas reporter Brad Watson:

Texas is in Obama's head, but in all the wrong ways.

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Previous Trivia Tidbit: Texas Versus Other Top 20 States.

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Posted by Will Franklin · 5 May 2011 02:50 PM · Comments (0)