http://articles.moneycentral.msn.com/News/TimeToKillOffThePenny.aspx
Congress is so retarted if they do this! They should realize that this will never work because the whole economy would have to restructure itself so they can figure out sales tax and pricing issues, it would be a mess and the stockmarket would flop even more then it is right now. If they do go through w/ it, I'm guessing it's going to be like when the U.S. tried to switch over to metric in the 70's or 80's and found out that it confused the crap out of everyone then went back to normal.
2006-07-17 08:09:02 · 8 answers · asked by Alex K 2 in News & Events ➔ Current Events
Sorry, there wasn't a clear question, my question is what you think about this and whether congress should go through w/ it or not.
2006-07-17 08:14:19 · update #1
don't get rid of pennies - they are necessary -just coin them on magnetic strip cards so we can transact them without an actual piece of copper
debit cards are the way lets maximize their use in this way
2006-07-17 08:30:56 · answer #1 · answered by worldstiti 7 · 0⤊ 0⤋
Some states do not use the penny. It does not require a restucturing of the economy to round to the nickel. A penny costs more than a penny to produce. This is stupid. If the nickel is eliminated, then we round to the dime. I think my 2nd grader could handle it.
F.Y.I., those of us in engineering, the military, avaition, science, etc. have been using the metric system for years. It's not a foreign language. My 2nd grader has a working knowledge on that front, too.
2006-07-17 15:12:18 · answer #2 · answered by bigtony615 4 · 0⤊ 0⤋
The coins costs more to create than they are worth!! I don't know if getting rid of them is the answer but basic math/economics says that at this rate the country will go broke just producing money! Crazy huh!?
2006-07-17 15:16:59 · answer #3 · answered by hotsauceg 2 · 0⤊ 0⤋
well the votes are not to good for the penny.. i wander what i will do with all the pennies i have saved.. i guess i need to get some penny rollers and take them to the bank.. thanks for this question..i very seldom listen to the news and i did not hear anything about this...i wander if one day people will not know what they are going to do next...
2006-07-17 15:22:19 · answer #4 · answered by sanangel 6 · 0⤊ 0⤋
We all need to hang togather and make sure the penny stays. The government has to much control over us anyway.
2006-07-17 15:16:00 · answer #5 · answered by Z-Cat 5 · 0⤊ 0⤋
I think we should still have it, after all its part of our culture here in america.
2006-07-17 15:14:18 · answer #6 · answered by ksblue594 3 · 0⤊ 0⤋
it's ok with me
2006-07-17 15:26:05 · answer #7 · answered by idontkno 7 · 0⤊ 0⤋
so ur question is...
2006-07-17 15:13:08 · answer #8 · answered by anotherAzn 4 · 0⤊ 0⤋