Any new idea that comes up over the intervening number of months will be added to that and so we're going to see property taxes increase exponentially from where we are today,

More than 4.6 million jobs have been added since May 2003 -- 31 straight months of positive job growth. Unemployment dropped down to 4.9 percent, lower than the average of all three recent decades.

In the short run, say a few weeks or months, there is likely to be only a finite number of people who know how to prune grape vines, for example. So even if the wage went up a bit, not many more people would be available and qualified. Given more time or some advanced information that substantially higher wages would be available, many more people would be available and the shortage would disappear at the higher wage. But, currently, there has not been time for the wage to rise sufficiently and no one knows if the market will remain tight long enough for the wages to adjust.

That is a very ominous number.

The transformation plan network changes that are being made with regard to right-sizing ... has added to that as well.

In the last nine months we have been filling out our capacity here. We've added individuals and professionals. We will be opening up equity research on the ground. We think there is demand for the product both inside and outside the region.