"There isn't much spare capacity on a global basis ... it comes from the fact that the last cycle was a cycle of under investment," Michael Browne from Sofaer Global Research told CNBC Friday.
Discussing President Obama's concern over unemployment, with James Pethokoukis, Reuters Money & Politics columnist; David Goodfriend former Clinton White House staffer; Robert Reich, former Labor Secretary and Stephen Moore, The Wall Street Journal advisory board.