I'm too lazy to look it up, but I wonder how many commercial pilot certs were issued 2003-2008. I have a feeling the number of "qualified" pilots currently either unemployed or on furloughed will carry the industry well into the next decade.

That will give the airlines and the FAA time to work out a plan for any expected "shortage". Call me a cynic, but I doubt that plan will include much of anything new for pilots.