Adam's Apple
Senior Member
- Apr 25, 2004
- 4,092
- 452
- 48
Absolutely more trouble than it's worth. It now costs the U.S. Government 1.23 cents to make 1 cent--a needless expense, even if it is small potatoes.
Penniless
By Rich Lowry, National Review
July 14, 2006
Giving money away for free is not behavior one expects from ordinary, rational Americans. But its something they do every day in massive numbersthat is if you consider the penny to be money.
At store counters around the country, people will leave pennies for the next customer, something theyd never do with a dime or quarter or any piece of currency they actually value. The poor, pathetic penny has become clutter in the nations pockets, the irritating detritus of cash transactions that inconveniently dont end in a 5 or 0. Pennies sit in jars around the country, waiting in desuetude until their owners work up the energy to haul them to a bank or to a supermarket with a Coinstar kiosk where they can be exchanged for useful money.
Yes, we love Abraham Lincoln. We love our memories of buying candy with pennies when we were children. We love our traditional adages (a penny for your thoughts, etc.). But none of that should be enough anymore to inflict the penny on adults attempting to conduct cash transactions in an efficient way. Who will rid us of this nettlesome coin?
for full article:
http://author.nationalreview.com/latest/?q=MjE1NQ==
Penniless
By Rich Lowry, National Review
July 14, 2006
Giving money away for free is not behavior one expects from ordinary, rational Americans. But its something they do every day in massive numbersthat is if you consider the penny to be money.
At store counters around the country, people will leave pennies for the next customer, something theyd never do with a dime or quarter or any piece of currency they actually value. The poor, pathetic penny has become clutter in the nations pockets, the irritating detritus of cash transactions that inconveniently dont end in a 5 or 0. Pennies sit in jars around the country, waiting in desuetude until their owners work up the energy to haul them to a bank or to a supermarket with a Coinstar kiosk where they can be exchanged for useful money.
Yes, we love Abraham Lincoln. We love our memories of buying candy with pennies when we were children. We love our traditional adages (a penny for your thoughts, etc.). But none of that should be enough anymore to inflict the penny on adults attempting to conduct cash transactions in an efficient way. Who will rid us of this nettlesome coin?
for full article:
http://author.nationalreview.com/latest/?q=MjE1NQ==