As the holiday currently stands, the 4th of July can end up being celebrated on any day of the week. Having an "Independence Weekend" every year resulting in a 3-day weekend in the summer (much like Memorial Day and Labor Day) will improve employee morale as well as productivity, especially for the week that is affected. Having a static 3-day weekend allows families to plan vacations and trips that will help to stimulate the economy. Also, having an "Independence Weekend" will allow the American people to celebrate the holiday and give it the attention it deserves.
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