A Modest Proposal for True Competition

If a clear resolution seems lacking for such vexing problems as unemployment and high prices, recrimination is not. Labor blames business, business blames labor, and both blame the federal government. Not to be outdone, the federal government blames local government—at least for the failure to do something about jobs.

When a representative of the U.S. Department of Labor blasted the city of New York recently for letting almost $3 million in 1973 Public Service Jobs funds go unused, h...