The first document shows that the U.S. public debt as a percentage of GDP is projected to surpass Greece's debt levels in 2012. The second document illustrates that unit labor costs in various European countries diverged significantly from 2000 to 2011, with some countries like Germany experiencing declining costs and others like Greece seeing sharply rising costs over that period.

1. U.S. Public Debt
(% of GDP)
Greece 2012E Debt Level
Note: U.S. debt is per CBO’s alternative fiscal scenario 1
Source: CBO, Eurostat

2. Europe: Diverging Competitiveness
2011 Unit Labor Costs
2000 = 100
Source: OECD 2