Tag: personal finance
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Here’s the back story to your barbecued chicken and grilled hamburgers. On July 4, 1777, Philadelphians marked the first anniversary of independence from the British with a spontaneous celebration. Future president John Adams described the ships parading on the Delaware River that day as “beautifully dressed in the colours of all nations.” In the aftermat…
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Thousands of baby boomers retire every day and sign up for Social Security. Yet the payroll tax that funds their benefits is being levied on a shrinking share of workers’ aggregate earnings. You might not know this but inequality and growing U.S. trade with China are among the forces that are behind this trend, Ga…