Fewer people willing or able to take a job might eventually cause a shortage of workers, leading to surge in wages and longer-term inflationary pressures, accor

Fewer people willing or able to take a job might eventually cause a shortage of workers, leading to surge in wages and longer-term inflationary pressures, according to Princeton University economist Alan Blinder, a former Fed vice chairman. "We're going to be running out of labor as we go through time,'' Blinder said on Bloomberg Television Dec. 31. Oh, my. I hadn't even thought of that. I guess we'll need to expand the availability of slave-labour employer-controlled visas and guest worker programs, won't we? Let's forward this to our lobbyist.