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Nice collection of graphs, but I want to add to the graph about the Public spending, that one should add at least a significant part of the private health care spending in the USA as 'public spending' for most intentions, even if it is private, because as well in the other countries people would spend a part of their income on health care if it would not be public.
Taking into account, that health care spending as a part of the GDP has increased in the last years in most countries, this would likely even lead to a stronger increase of public spending in the US making the strength of the US post 'New Economy' recreation even less compelling.
And of course in the employment picture employment-share of work-age population might be more useful. Why should a country with a shrinking population make as much new jobs like a country with a growing population?

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Fri Mar 28th, 2008 at 10:15:33 AM EST
Runaway health care costs were #1! - Paul Krugman - Op-Ed Columnist - New York Times Blog
Well, I was browsing some of the charts at CMS, and thought I'd share some information from Chart 2.1. This table shows health care spending as a percentage of GDP in some major countries, 35 years ago and recently:



The plural of anecdote is bullshit.
by generic on Fri Mar 28th, 2008 at 03:27:37 PM EST
[ Parent ]

US public sector health spending is higher (as a share of GDP) than in almost all other countries. Then you add on top of that massive private spending.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Sat Mar 29th, 2008 at 04:40:00 AM EST
[ Parent ]
It's not in share of GDP, but in absolute amounts per person.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sat Mar 29th, 2008 at 04:40:38 AM EST
[ Parent ]
Oh thanks, it is absolutely interesting and contradicts what I thought before as the public US spending on health care is quite on European levels.

Der Amerikaner ist die Orchidee unter den Menschen
Volker Pispers
by Martin (weiser.mensch(at)googlemail.com) on Mon Mar 31st, 2008 at 01:42:22 PM EST
[ Parent ]

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