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.
"If Americans have the money in their pockets they can spend it faster than Uncle Sam, they can spend it right away, they can make better use of it."
— Diana Furchtgott-Roth on how to craft a better stimulus plan