jQuery Set Default Input Values From Labels

jQuery code snippet to loop through a set of inputs and for each of them set the value to the associated label and then hide the label from view.

$.fn.labelHide = function(){
	return this.each(function(){
		var current = $(this);
		var id = current.attr("id");
		var label = $("label[for='"+id+"']:not(.error)");
		if (id.length && label.length) {

// Usage: $('input.label-hide').labelHide();