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I cannot tell you how obsessed I am with this chart. It shows exactly what is wrong with Americas conversation about health care. On one level, youve seen this chart before. It shows health care spending as a share of the economy of a bunch of countries. Theres Germany and France and Japan and Canada and oh! Theres America. But now I want to add something you havent seen to this chart. This is how much of that spending in each country is private and how much is public. Heres whats amazing: Americas government spending on health care on programs like Medicaid and Medicare and the VA - our versions of socialized medicine. Its about the same size as these other countries. These countries where the government runs the whole health care system! And then theres our private spending. Its the private insurance system that makes health care in America so expensive. Conventional wisdom says that the government is more expensive than the private sector. It cant say no. Its corrupt,
