Ezra Klein included a graph and a link to the Center for Economic and Policy Research in his WaPo column from May 18th that gives a nice feeling for how much money we waste on health care. Below I have chosen compare US health care costs as a percentage of GDP to those of Germany, Japan, Denmark, Switzerland, Sweden, Norway and Singapore. You can see that if we had a health care system like any of those countries, the outlying Federal budget deficits would turn into surpluses. (Click on image for larger version.)
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