Penny

trillion worthless pennies in circulation. That means that there are more than 10 billion dollars worth of pennies floating around in the United States. Unfortunately, not only are pennies still being produced, but this production also costs more than the pennies are worth and harms the environment. Pennies should be eliminated. The first reason we should eliminate the penny is the production of the penny costs more than the penny is actually worth according to coinnews.net the penny cost 1.5 cents

“A penny saved is a penny earned,” Benjamin Franklin once said. He was one of America’s seven Founding Fathers. The first one-cent coin has been around since 1787 when it was first minted by a private mint company. Abraham Lincoln, our country’s 16th president, has been minted on the penny since the year 1909. Canada got rid of their penny in 2012. The penny debate has been going on for years-is it time to get rid of our penny and follow Canada’s footsteps? The United States Government should keep

“Abolishing the Penny Makes Good Sense” In response to the great debate of abolishing the penny, the author of “Abolishing the Penny Makes Good Sense” argues that the United States Mint should abolish the penny because it is practically useless and considered a public nuisance. Alan Blinder effectively builds this argument by using appeal to vanity, plain folks, and ethical appeal. The first technique the author uses is appeal to vanity. For example, he says, “if it rained pennies from heaven, only

most cases, if you're short a penny at the register, the cashier would not mind. Why would it matter if pennies were taken out of production? Who would miss pennies? The people saving pennies now for a large sum later would make an even bigger profit in a few decades for pennies with real copper. For now, pennies aren't much use, they become loose street change, fall in couch cushions, or sit in wallets for prolonged periods of time (Source C). If we were to drop the penny, and nickels became the lowest

i think pennies should be eliminated. I believe this because they don't have enough value in it so they are just in a piggy bank not being used. Another reason why pennies should be removed from the money system is because it takes up too much time to count all of them. Pennies are unnecessary to have they are just taking up space in our pockets, just to make a penny 1.5 cents which is the same as a penny. these are my reasons why i believe pennies should not be made anymore Pennies are not

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. The penny costs 1.4 cents to manufacture each time at the mint

Should the US get rid of the penny or not? The US should get rid of the penny because it's a waste of money and they are just money sitting in our pockets. They also should get rid of the penny because the meddle they use is expensive for just one penny. The US also should get rid of the penny because it cost 1.7 cents to make,but it's only worth one cent. So the penny is way more money to make than it's actually worth. Pennys are one of the most expensive coins to make but are used the least amount

How much do you think about the penny everyday? Probably not much. Turns out, there is a colossal debate about keeping the penny or not. The penny should be banned in the united states. This should happen because of the cost, the fact that it's a big waste of money, and furthermore because people don’t use the penny. That is why the penny should be banned. One of the biggest reasons the penny should be banned is because it costs money to make money. In 2011 it cost 2.41 cents to make and distribute

the Penny Be Retired? by The Associated Press, they suggest that the penny be discontinued, eliminated from the money industry. I think we should keep it. Many people think that the penny is useless, I don't, because it's actually worth something, a penny. If the penny “retires” many prices will be rounded to the nearest 5 cent and that means the cost of items increase and become more expensive for low income family. The article includes pros and cons that come with discontinuing the penny. Some

Eng 1020 Ms.Confer 08/26/15 Should we abolish the Penny-Con As a recognized part of modern American life, the penny is far too entrenched in our daily life to be abolished. In fact, the effort to abolish the penny would be enormous, and simply not worth the estimated benefits of such a monumental a change. In ridding our economy of the penny, the federal government would first need to convince a public greatly in favor of keeping the penny. As indicated by a poll by the Harris group public