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FORUMS > Leeds Rhinos > closure of childrens ward at LGI
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You do know why the Childrens Heart Surgery ward is being shut down don't you ?

(and believe it or not, it's not down to Dave). Or are you just assuming the copy of Socialist Worker that you saw in the street is saying the Tories are the ones to blame for everything ?

So - be positive. If you really want the ward to stay open, then you need to partition Leeds Teaching Hospitals Trust to make their cuts elsewhere. Either that or wait for a Foundation Trust to offer the same service within the region (i.e. same location , different supplier )

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Quote: tvoc "The UK came out of the recession in the 4th quarter of 2009 under the last government. It was making steady progress right up until the point the coalition government introduced their 'unavoidable' emergency budget.



Since then the figures have gone into decline with each subsequent forecast for growth being downgraded. The economy has effectively flatlined for the past 6 months and needs to pick up.

The outcome of the 'gamble' currently being taken with the economy is far from a given. Last year I predicted (on here) disappointing growth would be the order of the day for a few years to come despite the (6% - as shown in the graph) spare capacity after the longest and deepest recession in living memory - but unfortunately I'm no economist.'"


You missed off the following heading from your copy of the published graph
“Economy grows by 0.5% in Q1 2011”

And it was not all bad news as the following was also published in the same report.

“Gross domestic product grew by 0.5 per cent in the latest quarter, unrevised from the growth previously published. GDP in the first quarter of 2011 is now 1.8 per cent higher than the first quarter of 2010.

Output in the service industries rose by 0.9 per cent in the latest quarter. The rise this quarter was due to transport, storage & communication increasing by 3.0 per cent; business services & finance rising by 0.6 per cent; government & other services rising by 0.6 per cent; and distribution, hotels and catering rising by 0.8 per cent.

Inventories rose by £1.4 billion on the quarter.

In the first quarter of 2011 the trade deficit in real terms decreased to £5.7 billion compared with £11.5 billion in the previous quarter.

Exports of goods and services rose by 3.7 per cent and imports of goods and services fell by 2.3 per cent.

The GDP implied deflator rose by 2.8 per cent compared with the first quarter of 2010.

Compensation of employees at current prices rose by 1.3 per cent in the latest quarter and is 1.9 per cent higher than the first quarter of 2010.

Total gross operating surplus of corporations rose by 1.4 per cent and is now 6.5 per cent higher than the same period last year.”


You conclude that the sole reason for the disappointing growth figures to be the Coalition’s cuts. As you say you are not an economist and neither am I. However most economists would have included the corresponding increase in commodity costs as being a major factor in restricting growth as the following index clearly shows.

Description: Commodity Price Index, 2005 = 100, includes both Fuel and Non-Fuel Price Indices:

Date Value
"Feb-2009","98.29"
"Mar-2009","100.18"
"Apr-2009","104.18"
"May-2009","114.88"
"Jun-2009","128.16"
"Jul-2009","123.42"
"Aug-2009","132.72"
"Sep-2009","127.54"
"Oct-2009","134.81"
"Nov-2009","140.92"
"Dec-2009","140.93"
"Jan-2010","146.11"
"Feb-2010","142.42"
"Mar-2010","148.88"
"Apr-2010","157.96"
"May-2010","146.48"
"Jun-2010","143.37"
"Jul-2010","143.94"
"Aug-2010","148.36"
"Sep-2010","150.19"
"Oct-2010","159.38"
"Nov-2010","164.69"
"Dec-2010","174.67"
"Jan-2011","181.91"
"Feb-2011","189.82"
"Mar-2011","199.32"
"Apr-2011","208.41"

A recent analysis from the OECD shows that public spending in Britain, as a percentage of GDP will fall by slightly less than the average across the 17 countries in the eurozone in the two years to 2012.

To put matters in perspective for the period 2011/2012 Darling had proposed cuts of 14 billion against Osborne’s 16 billion.

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Quote: McLaren_Field "Its an undeniable truth that Labour had a plan to make cuts beyond this current financial year, their concern was that the steady growth that was being experienced at the start of 2010 was maintained throughout 2011 and in this Vince Cable appears to have agreed and even David Cameron seems to have grudgingly admitted that a plan to slash and burn in 2011 would be risky.

Suddenly on a day in May last year their previous statements were abandoned and a "slash and burn by proxy" policy adopted together with a "slash and burn by opinion poll" policy where they themselves could not avoid responsibility for the slashing.

There is the suspicion of course that the current fiscal policy is politically motivated and not financially required in such a severe manner, the abandonment of pre-electioneering promises so quickly into their tenure only heightens that suspicion, there can't have been many governments elected in living memory where promises were gleefully abandoned within weeks of taking office, I would have been much happier to see Cameron try and proceed with his small minority and convince one or the other of the opposition party's to back him on each individual policy - now that would have been an interesting term.'"


You have frequently used the exaggerated term “slash and burn” to describe your view of the Coalition’s planned cuts in a way similar to the language of a trade unions leader.

An analysis of OECD figures show in a recent report by the Centre for Economics and Business Research (CEBR) that public spending in Britain, as a percentage of GDP, will fall by slightly less than the average across the 17 eurozone countries in the two years to 2012. (UK -2.2% compared with average fall of 2.4% in the eurozone countries)

Public spending in the UK rose very sharply as a share of GDP during the recent recession and the government is now bringing down the public expenditure as a share of GDP in line with most other OECD countries.

The Office of Budget Responsibility has lowered its estimate of how many public sector workers will lose their jobs because of the cuts from 490,000 to 330,000.

While the British government has frozen pay for better off public sector workers, the Greek, Spanish, Irish and Portuguese state employees have had to take pay cuts.

Scaremongering should be left to the union leaders and the BBC

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Quote: Juan Cornetto "You have frequently used the exaggerated term “slash and burn” to describe your view of the Coalition’s planned cuts in a way similar to the language of a trade unions leader.

An analysis of OECD figures show in a recent report by the Centre for Economics and Business Research (CEBR) that public spending in ...'"



Thats exactly when I lost interest, that point there.

Somebody wake me up when he's gone again.

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Quote: McLaren_Field "Thats exactly when I lost interest, that point there.

Somebody wake me up when he's gone again.'"


Typical blogger. All hot air and no substance.

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Quote: Juan Cornetto "You missed off the following heading from your copy of the published graph
“Economy grows by 0.5% in Q1 2011”
'"


I didn't miss it off, I probably just blinked and missed it altogether.

Even accepting and adjusting (after we had the wrong type of snow) the final quarter figure would have shown 0% 'growth' and then followed by 0% 'growth' for the first quarter of 2011. No/poor growth with inflation rocking up to 5% - stagflation is back, haven't needed that term for a while.

What happened to the recovery that was in evidence when the coalition took office? It appears to be stalling as the OBR, OECD and BOE revise their forcasts down for this year and next still further.

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