Display:
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:



Wait this is important. Someone is wrong on the Internet.
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 ]

Display:
Login
. Make a new account
. Reset password
Recommended Diaries
Recent Diaries
Hunger March wins PR battle
by DoDo - Feb 9
1 comment

Obama wins GOP Primaries (to date)
by Frank Schnittger - Feb 8
8 comments

Romania: protests change government
by DoDo - Feb 8
6 comments

Answers to the Renewable Energy Consultation
by Luis de Sousa - Feb 7

Bristol Pound
by ChrisCook - Feb 7
14 comments

The Imitation Of Germany
by afew - Feb 4
30 comments

Strange Fruit
by Frank Schnittger - Feb 4
10 comments

Murdoch - Outsourcing and Hubris
by ceebs - Feb 3
18 comments

Mismatch with the Natural Gas Market
by Luis de Sousa - Feb 3
22 comments

The Future of Economics
by ARGeezer - Feb 2
191 comments

Desert Island Discs - Helen's distortions
by Helen - Jan 31
48 comments

Gorila
by DoDo - Jan 29
14 comments

Rail News Blogging #7
by DoDo - Jan 29
15 comments

Obama's State Of The Union: LQD
by Crazy Horse - Jan 25
74 comments

Democracy Technology
by gmoke - Jan 24
1 comment

The Hydrogen dream
by Luis de Sousa - Jan 24
49 comments

ET Paris Meet-Up 2012 (2 UPDATE)
by afew - Jan 23
113 comments

Democracy in the EU
by afew - Jan 23
52 comments

Croatia to reject EU accession Sunday?
by SteelLady - Jan 21
19 comments

Surplusses and taxation
by das monde - Jan 21
7 comments

More Diaries...
Occasional Series