This rumor has been floating around for a while. I know the Washington Post did a story about it. (Sorry, I don't know how to post links, and truthfully, I don't remember much about whether the story was for or against it) Do you think it would be a good or a bad idea?
2006-09-14 08:21:06 · 17 answers · asked by munesliver 6 in Entertainment & Music ➔ Polls & Surveys
I think they should be phased out over time. It currently costs the US Mint 1.4 cents to coin them. I believe I read that the savings would be in the high hundreds of millions per year. Just round everything to the nearest nickel. And there are plenty in circulation already. It would take many years before they were completely out of circulation.
2006-09-14 08:38:40 · answer #1 · answered by astrosfan57 2 · 1⤊ 0⤋
some states do no longer use the penny. It does not require a restucturing of the financial device to around to the nickel. A penny expenses greater desirable than a penny to produce. it is stupid. If the nickel is eradicated, then we around to the dime. i think of my 2d grader could look after it. F.Y.I., those people in engineering, the defense force, avaition, technology, and so on. have been utilising the metric device for years. it is not a remote places language. My 2d grader has a working awareness on that front, too.
2016-12-12 08:24:53 · answer #2 · answered by ? 4 · 0⤊ 0⤋
Good idea. Pennies are worthless and a pain to keep. There was a time when things like newspapers cost 1 cent, but that was during the Great Depression. Face it, you can't anything get anything with a penny anymore.
2006-09-14 08:32:07 · answer #3 · answered by Anonymous · 1⤊ 0⤋
I think it's a bad idea to get rid of them. they are a part of original american currency and deserve a place of respect in our wallets as well as our history. Plus we have about a gazillion of em
2006-09-14 09:15:14 · answer #4 · answered by aww_garsh 4 · 1⤊ 0⤋
Yes, it's become obsolete. In fact it's impracticle and cost more to make than it's worth.
However prices then would have to adjust ip just slightly to compensate.
2006-09-14 08:31:52 · answer #5 · answered by Anonymous · 1⤊ 0⤋
No.
I think that pennies are a valuable tool for teaching kids and immigrants how our money works.
2006-09-14 08:30:47 · answer #6 · answered by Sister Di 3 · 1⤊ 0⤋
I like pennys they add a little collor to a bag of change.
2006-09-14 08:36:07 · answer #7 · answered by midesweet 3 · 1⤊ 0⤋
i think congress should first, cut taxes, instate term limits on themselves and secure our southern border...then get onto the important task of getting rid of the penny.
2006-09-14 08:33:49 · answer #8 · answered by Anonymous · 1⤊ 0⤋
No I love the penny!
2006-09-14 09:24:38 · answer #9 · answered by ▒Яenée▒ 7 · 1⤊ 0⤋
I think they should keep it. Pennies really come in handy sometimes when you have to pay tax.
2006-09-14 08:25:07 · answer #10 · answered by Nico 7 · 1⤊ 0⤋