As the government has pumped more and more of our money into public services, productivity- ie value for money- has plunged.
The Office For National Statistics has been trying to measure the damage. They've already done Health and Education, and now they have published results for Adult Social Care. That's the near£20bn pa we spend on such services as day care, home care, provision of meals, and provision of care home places, much of it for the elderly.
Anyone who has had need of these services will know they have become increasingly difficult to access. Yet the amount spent has doubled under Labour. The ONS analysis explains the discrepancy: productivity has been falling by 1.6% pa.
So now we can add Social Care to the list of public services where we are paying more and more for worse performance: Health, also with a 1.6% pa productivity decline; and Education, with a 1% pa decline.
This year we'll be spending:
- £80bn on the NHS: 1.6% is £1.3bn
- £53.4bn on Education: 1% is £o.5bn
- £20bn on Adult Social Care: 1.6% is £0.3bn
So just on these three services we are wasting a further £2.1bn every year because of falling productivity.
And it's cumulative: over ten years it's more than £20bn wasted every year. Or 6p on the standard rate of income tax.