Ever since the first Labor Day parade in New York in 1882, the holiday has been a national tribute to working men and women. The problem this Labor Day is that too many Americans aren't working. Rampant unemployment is the issue on everyone's mind.

It's an election year and the deafening mantra of "jobs, jobs, jobs" is blaring as the presidential campaigns head toward November. With job creation as the focus of this election, we should celebrate a new "Corporation Day" holiday honoring corporations, entrepreneurs and all other...