Arguments To Abolish The Penny

"The Penny Debate " by Brad Andrew is an article written to inform Americans about an ongoing conflict. Both sides are supported with good reasons; However, I think It would be beneficial to keep the penny. Based on the article, which implies that fellow Americas would lose much more than we're gaining. Things such as; Getting rid of the penny, Charities ran on coins will lose profits, putting U.S. Mint further in debt, and prices would rise. Many may think that eliminating the penny will be a plus, but aren't looking at both pros and cons in-depth for future references. Rather than getting rid of the penny altogether we could use a cheaper metal to produce

Acknowledging the oppositions doesn’t exactly strengthen but actually weakens Safire’s argument about abolishing the penny. One example is pointing out the nostalgic qualities of the penny and only stated that if we can give up barbershop shaves, then we can get rid of the penny. The refuting of that opposing view didn’t make much sense and can be seen as a bias. Another example is merchants rounding down to a lower price of goods, while some people think that getting rid of the penny will cause them to round up to the nearest dollar. He just states that they would round down to the nearest 5-cent and that it will save consumers billions of dollars in paper money over the next hundred years, and there’s really no other information about

In 2011, it cost 2.4 cents to produce the penny. The penny was first minted in 1857. It cost 2.4 cents to make the penny. Also the United States loses 1.8 cents for every penny being made. In conclusion we should get rid of the penny. The United States should get rid of the penny because it is people are not using them, cost to much, and other countries have already dropped the penny.

Tanner Toussaint The United States should not abolish the penny. One of the examples of why the United States shouldn’t abolish the penny is if the federal reserve changed the material the penny is made out of the cost of material will decrease. Secondly, the United States shouldn’t abolished the penny because the tax on items would increase and force people into a situation where they don’t know what items cost. Lastly, if the United States abolished the penny americans would be forced to use the nickel that cost more to make then the penny.

America should not kill the penny because getting killing the penny would be like cutting off your hands. America needs the penny so they shouldn’t get rid of it. According to the spruce.com, “The penny is a very sentimental coin to most american due to Abraham Lincoln on it”. The penny would have to be rounded up to the next cent which is the nickel.

The shiny deep chocolate brown colored coins that we may all tend to use on the daily are in consideration of being eliminated by the US Congress from the United States currency system. Although the possible elimination of pennies may mean more to some than others, it does not mean that pennies should be fully removed from the United States currency system. It just does not seem reasonable to remove a coin that is used by many American civilians each and every day. For starters, pennies can be used for many good causes and to help many different people. At Washington Middle School, a penny drive was held to donate to charity and as a result, $3000 was raised in just one week.

Many Americans feel that the country needs to “change it’s change”, but when you look at the facts it really doesn’t look that way. America should keep the penny because of price inflation, nickel cost, and the economy issues of other countries who’ve done the same.

Imagine carrying around worthless pennies everyday. Each and every day the pennies value goes down, so why continue making it? The way the penny is designed, makes it cost too much to make.removing the penny will have little to no impact on the united states. When the penny is gone we will just round the price to the nearest five cents. I believe the penny should be banned.

The United States needs the penny today so they can get exact change. If someone owed three cents how do they pay it? The person would need a nickel, but they wouldn’t get two cents back in change. People would have more coins of higher value. If someone bought something for $1.97 they wouldn’t get change back, because there would be no pennies.

Between 2001 and 2006, there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished.

"Goodbye, Lincoln penny. You served us well but your time has passed" (Whaples). The penny has been nearly worthless for some time and its elimination has been subject to quite a large amount of controversy for the past few years. However, it may finally be time for President Lincoln to stop being minted. The penny costs about one and a half cents to make, causing inflation and making pennies seem like a waste to mint. Also, if pennies were to disappear, prices would be rounded up or down to the nearest nickel, allowing both distributors, producers, and consumers to save more money over time, not to mention the estimated $300 million lost in the time American citizens spend attempting to use pennies.

On top of not having a use, the penny is a big waste of time, literally. Gore, a graduate student at the University of California at Berkeley has made a calculation that approximately “four hours per person per year” is wasted on rummaging for pennies which in turn costs the nation “over $15 billion per year.” (Kahn) These $15 billion could be used to create jobs, invest in renewable energy, or invest in education, all of which would greatly improve the nation while at the same time getting rid of a pointless coin.

Americans have been using the penny every day for over 200 years, so how could Americans just abolish it now? The penny has been an important part of our history in the United States. It still shows the face of Abraham Lincoln, a very important president, and civil rights activist who wrote the Gettysburg Address, and abolished slavery. Abolishing the penny would lead to economic problems, and harm several charities in the United States. If 68% of American adults favor keeping the penny, then why abolish it? Plus, another 73% of Americans are afraid that if the penny were abolished, we would lose millions of dollars to merchants due to rounding (Penny Charity). Americans should keep the penny to avoid many difficulties, and maintain our long

The Penny is essentially a vital part of our money system. There has been many speculation about whether or not the United States should abolish the penny from being minted any longer. Although the penny has been a part of the American culture since 1787, it has such a small value, it will always be a part of American history. So as the years go on we should realize that the penny is everything to the United States. The penny should not be eliminated from the money system due to the fact that it is a part of the American culture and has earned its respect over the years.

The issue on the table, the penny. This has been a problem for some time. Should America stop minting the penny? Canada did it, so shouldn't we? The simple, more effective and reasonable answer is to keep the penny. The penny has history, it can be given to a good cause and it has sentimental value. Just because a few people do not see why the penny is important does not mean we should whisk it away. There are simpler answers.