Joe,
I'm forwarding a copy of an e'memorandum I sent you last Thursday, which I
think you may have overlooked, judging from one you posted yesterday.  The
figures I quoted were from UTK information that I believe was provided by
Sylvia Davis at the behest of Rep. Harry Tindell.  If you have questions
about the details you may want to direct them to Ms Davis.

I'm not sure about this, but I think the disparity in the numbers you refer
to may represent the difference between the cost to the employer (UT) and
the taxable income of the employee.  This difference would include, for
example, employer FICA contributions and certain fringe benefits such as a
portion of health insurance.

I'm never quite sure when your attention to trivial detail is intended as a
misdirection and when it is the result of failure to understand broader
concepts.  For example, last Thanksgiving when there was a discussion of
human capital and the efficiency of markets for debt financing of human
capital investment, you made the point that a person could always obtain an
education loan somewhere.  The broader point you continually missed was
that efficiency is a state of optimality, and achieving it requires
satisfying conditions at the margin.  This is straight orthodox
neoclassical economics, not Marxist eco-babble.  I could provide a Marxist
analysis, but it would look very different.

Fritz.

>X-Auth-No:
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>Date:         Thu, 10 Mar 2005 13:18:33 -0500
>Reply-To:     Fritz Efaw <[log in to unmask]>
>Sender:       UTC Staff E-Mail List <[log in to unmask]>
>From:         Fritz Efaw <[log in to unmask]>
>Subject:      Re: [UTCSTAFF] Faculty Senate tables motion on across-the-board
>               pay increase
>Comments: To: "Dr. Joe Dumas" <[log in to unmask]>
>To:           [log in to unmask]
>
>Joe,
>In an earlier a'message posted to RAVEN, you asked about a Fiscal note for
>HB126/SB790.  Such a fiscal note has been posted and can be found at
>
>http://www.legislature.state.tn.us/bills/currentga/Fiscal/HB0126.pdf
>I was in Nashville all day yesterday meeting with half a dozen state
>Senators and about as many Representatives.  You may be happy to learn that
>work on this bill is progressing nicely.  It now has a sponsor from each
>party in both houses.
>
>BTW, in your last e'message on this topic you responded to PART of some
>things I had written, but you seem carefully to avoid trying to explain how
>the alleged short notice on this motion differed from even shorter notice
>on the motion to oppose the opening of Vine Street which faculty senate
>approved in October.  Or why directing the secretary to send a message
>about salaries to President Petersen and the Board of Trustees should
>alienate them, especially when Senate did exactly that in October when it
>voted to send a similar message to the Trustees and Governor Bredesen.
>
>Fritz.