Mary Landrieu once said “ A penny saved is not a penny earned if at the end of the day you still owe a quarter.” That’s telling us that a penny is worth very little, so why even have them. A penny is just one cent. I repeat one single cent! Mine as well get rid of them they take away bronze, wallet space, or even house space. Pennies should no longer be produced. Did you know that pennies cost more than they are worth? In the United States it costs us 2 dollars and 41 cents to produce it and send
world where the penny is abolished, when a person walks up to the checkout line to pay for a chocolate candy bar the smallest denomination coin in their pocket is a nickel. The price of the transaction could be one dollar and five cents without tax, but if the tax is included it would round to one dollar and ten cents. Customers would have replaced their pockets filled of pennies with pockets of nickels wondering if they could grow accustomed to life without the other coin. The penny, our lowest denomination
the penny is a waste? Is a penny saved really a penny earned? Well not much longer it isn't, people think that we should discontinue the penny from our current day system. In my eyes i see the penny as a waste of time and a waste of money.There has been talk lately about discontinuing the minting of the us penny,and after reading all four articles it's hard to say that we should keep the penny: “Penny Wise, or 2.4 Cents Foolish?” (Source 1), “Is the Penny Worth It?” (Source 2), “Give a penny-Save
Go Penniless "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
Pennies existence makes cents! Have you ever thought about getting rid of the penny? If we get rid of the penny, the cash register, bank, computers would have to be restarted. It also means forgetting Abraham Lincoln. The National Treasury Department, the president, and other people who think the penny is useless but is not. So we should do everything to save the penny! According to Greg Peck, in his article he stated that Barack Obama said, “We have been trying to eliminate the penny,” shows that
Kase Givinsky Stay Penny Stay! A penny saved is a penny earned! That is a famous quote by a man named Benjamin Franklin.That’s a famous quote because people in America like pennies and appreciate them for their value.Pennies have been around for over two-hundred years and have made american history.Pennies have invented all sorts of idioms and have shaped the currency of America.If you don’t believe this and you are one of those people who want to get rid of the penny,stay and read and maybe this
make than they’re economically worth! Due to this, many believe the penny should be out of production, as should the nickel, potentially. Others believe that the coin’s historical value, with it being similar to a heirloom in terms of age and personal value, should be enough to keep it in production. However, when considering how expensive manufacturing can get and how often the penny is used, it’s obvious getting rid of the penny is the best choice. It’s a strange thought; how money costs money
For a while I have been resorting to use pennies to pay for services and goods due to lack of larger currency. However inside me I am wondering is it really viable to continue paying for goods and services with pennies. My focus is whether or not we should continue the minting of pennies and if they still have a use in a modern society. The one cent coin we know today started circulation in 1857 and at that time had purchasing power, but today ends up filling jars and being found on streets in mass
decided to have the surface side of the penny being heads or tails as our variable that we control and change. My partner and I both had the hypothesis that the side of the penny being heads or tails wouldn’t change the number of drops that were able to be dropped on the penny. The surface tension on both sides of the penny are very similar. The only difference that is stated according to (Daily mail: December 2, 2012) is that the head’s side of the penny is slightly heavier because of the portrait
“Find a penny, pick it up, all day long you’ll have good luck” is a well known quote we all know and love, but in the near future we may not see too many pennies lying around. Since the 1900’s, pennies have been a staple of American culture and literature, but in this modern day and age Americans don’t have time to appreciate the penny or even use it. The US government is now considering stopping penny production. Many other countries have also dropped their smallest coin, including Australia