There are around 70 million people born between 1946 and 1964 — known widely as Baby Boomers. Around 65 million of those people are in the workforce today and of those, 28.7 million are over the age of 55. What if those positions were suddenly freed up? How many jobs would that mean for the nearly 11.5 million people under the age of 55 currently unemployed? What economic benefits are there for companies, who would get cheaper insurance premiums with a younger staff? And what kind of stress would this put on Medicare and Social Security?

President-elect Obama's ambitious and optimistic recovery plan has both cheerleaders and critics. We're looking at the plan from both sides. The Takeaway talks to Diana Furchtgott-Roth, a Senior Fellow at The Hudson Institute and former chief economist at the U.S. Department of Labor, and James Galbraith, professor and economist at the University of Texas, Austin and author of The Predator State: How Conservatives Abandoned the Free Market and Why Liberals Should Too, about their take on the economic stimulus plan.