Has
the venerable $.01 piece outlived its usefulness? Check out the website
for some of the arguments in favor of eliminating the penny. What do
you think? Also check out this guys hilarious rant against the penny.
The second video is from a guy who loves pennies. Which side are you on?
59 comments:
Jennifer Shen- 1st period
I think pennies are useless. Nowadays, technology is improving rapidly. When we buy something, we can just sweep our credit cards, debt cards, or paypals. We can see that it's much more convenient to use the new technologies to buy things instead of counting pennies in front of the cashiers. Foreign people like me, when I first paid for something in target, I could not tell the values of each different coin. As a result, I used more than five minutes to pay for like $5.87 per packet of cookies. It was embarrassed. Why we have to pay the taxes to make one penny which costs $1.70 and build inconvenience for ourselves?
Caleb 3rd
The penny has outlived its usefulness. But getting ride of it isn't without consequences. If we got ride of the $0.01, the businesses would have to get ride of any prices ending with a 1,2,3, or 4. The would do this by rounding up to the next nickle. Prices across the board would rise. The small increase dosnt seem like much, but think $2.96 per gallon of gas to $3 per gallon gas. I'm for getting rid of the production, but not the use of the $0.01.
I agree with the first video in that pennies should be retired. Taking into account that the second video sarcastically expresses a love for pennies, there's an apparent lack of argument to keep the one-cent coin. The website 'Retire the Penny' does well in debating the various arguments in favor of the coin. A coin that costs more than it's worth and doesn't find much use in the economy should not still be minted. There's even an example in the past where the United States stopped produced the half-cent coin with no detrimental effects to the economy.
Alvin Mei
4th Period
There are many good and bad reasons to qualify whether pennies in the circulation of currency is a good thing or a bad thing. Personally I do not like pennies either. Although they might be useful at times, I see myself use the other coins higher in value for convenience sake. There are too many pennies in this world that people don’t take the time to bend down and pick it up, its basically trash. We live in a world where even the value of a dollar is being constantly questioned. Millions of dollars in pennies are also being taken out of circulation just by people losing pennies everywhere. Pennies require millions of dollars to produce just for people to kick them around. I say get rid of the pennies and just stick to nickels, dimes, and quarters.
I once heard some statistics that suggested that the penny was incredibly worthless. It costs us something like 25 cents for every two minutes that someone is fumbling with money in the grocery store, so fiddling with pennies, we are costing corporations and people 5 times the amount they are('nt) worth. I am totally against the penny. They get used as doorstops, melted down for the copper, and used for things that cannot be classified as useful. Interestingly enough they can be used to make a battery when combined with lemon juice, vinegar, or even Gatorade, just something with electrolytes to serve as separation of battery cells. I think that, despite this electrifying fun fact, pennies have become unnecessary, more for history's sake than actual use. Get rid of them just like all of the retired obsolete things, you wouldn't see a modern person sporting a brick phone would you?
Tyler Morris\
1st period
In my eyes, the penny has definitely worn out its welcome. The penny has become such a nuisance that the Department of Defense abolished the use of pennies at overseas military bases more than 30 years ago because the coins are "too heavy and not cost-effective to ship." The website made a great point when noting this fact, proving how unnecessary and ineffective the penny is.
Nicolas Alba
Period 1
I do think that we should get rid of the penny (and possibly the nickle too). Not only does it cost more to make each coin then what they're worth, but they are just a huge nuisance to have. I used to keep change in my car just in case I ever needed it. But the only thing I could never use were the pennies because they were so worthless. I eventually just spent a day throwing them out of my car, one by one, trying to get more fun then what they're worth. Needless to say, it's not that hard to have fun that is worth more than worthless.
Sara Ali
4th
Lets ignore my inherit love for all things Vlogbrothers for a bit and try to make this response as unbiased as possible. John Green has a point pennies are useless. They need to be abolished and they need to disappear. Countries such as Canada and Great Britain have already gotten rid of the penny making their pockets slightly less weighed down by their uselessness however in the US accomplishing this goal might be a bit more difficult. In Great Britain most stores included the price of tax in their tag and round up to the nearest pound and so when checking out things are simple and coins are rarely needed. The same cannot be said for the US where objects tend to be priced at 4.99 or 2.99. Ultimately I agree the Penny is not worthy the hassle and really has no use but I also feel that eliminating the penny might be tougher said then done.
Kristal Pinto
Period 4
I believe the penny is still useful. Many people believe the pennies they receive in change are not worth anything. However, for the remaining population collecting multiple pennies could buy a burger at a food place or buy snacks at a food store. Also, in the natural gas industry many companies compete amongst each other on the bases of changing their price amounts in pennies. Moreover, even for a common man an item priced at .99 cents seems more appealing than an item priced at a dollar. Overall, i believe the penny makes a difference from the consumers and producers perspective.
Jessica Dove
3rd Period
I believe that the penny is no longer necessary. The money that the United States is using to make them could be used for something a lot more useful or productive. As people start leaning more towards credit and debit cards, the penny will become even more useless than it is now.
Anthony Chenevert
Period 3
In my opinion the penny doesn't have the same value because it's worth way less than it is produced for. If we stopped government spending on producing these pennies than we could use the money on something that could be of a better use. There are a lot of things that we could use the money for especially on the poor and less-fortunate people of the United States. We could save money towards the national debt that we have. Also, many people use credit cards and debit cards, so eventually paper money will go away as long as the protection of credit card identity becomes stronger.
Cortney Corley
4th Period
Like the people who have posted before me, I agree that the penny is becoming useless. I understand that the elimination of this coin would cause controversy, but we must look at the pros and cons. Some pros of eliminating the penny are that we would not have to take the time and money to actually produce the coin. A con could be that these coins are valuable to some people and small amounts of change really do matter. Honestly, as a cashier who handles money constantly, pennies are just a hassle. It would be a much faster process if they did not exist and by rounding costs/change, people really may not be losing much at all.
Seth Jokinen
4th period
After watching both videos and considering "both" arguments, I am in favor of cutting the penny. If a coin is taking more money to produce than it is worth, then it is clear that some measures must be taken to rectify the problem. Also, given that there was no real argument for keeping the penny as neither video seriously defended the penny from the chopping block, it becomes clear how vestigial the penny has become. Not to mention the fact that pennies are hardly used. Honestly, who saves up these pennies? Most of these coins get lost and forgotten about since they are worth so little and hardly ever re-enter circulation. Not worth it in the slightest.
After looking at the information regarding pennies, I am unsure how to respond. The logical course of action would be to remove the penny from our markets. Producing one cent pennies at 2.4 cents apiece is not good for our economy. However, even though this can be eliminated by the removal of the penny, I still find the penny useful when paying for tax on items. Whatever the decision regarding pennies is it should be made soon.
The legacy of the pennies should end and end fast. I agree with the first video. I find it stupid and pointless to have pennies in our currency. I work at a small business bakery and my boss does all of his prices in such away where people dont pay in single pennies and all the final prices are in multiples of 50 cents. The fact that really surprised me is that mints are spending 1.7 cents to make a penny when the penny isnt even worth that much it self. That extra .7 multiplies and continues to put our already incredible debt. Pennies are not only a inconvenience to consumers nationwide, but also a viable threat to our economy in putting our nation in debt over something as stupid as penny production.
Period 4
I honestly think pennies are quite useless now in today's society. Many people just throw them in a water fountain for a wish to using them as a replacement for game pieces. In my option, it has become a nuisance to my coin purse and my coin pouch in my car that I usually have to give the drive-thru attendant a handful of pennies and I'm quite sure no one would enjoy counting all those pennies.
I believe support the belief that the penny should be removed from America's government because they cost more to produce than how much they are worth. The government invests at more money to produce this useless monetary coin instead of using tax money on better usages, such as using that money to produce other coins that are actually used, such as dimes and quarters. I believe that by removing the penny, the government would be able to make more use out of the tax money supplied by the people.
The world is becoming more technological and because of that many people would rather pay for a purchase by either a credit or debit card. For example, I have many pennies laying around the house and even vacuum it up when cleaning but the use of the penny will not be appreciated until it is taken away. Many things would raise in price and especially gas like Caleb said above. Do not forget that a 100 pennies equal a dollar.
Brookley Torres 4th
Though pennies are a staple in the United States' history and culture it should go out of circulation because of the money it is causing the U.S economy. Like the video said, pennies now are worthless and after the shock of not having pennies in the American life no one would really miss it. I think at this point of the country's debt it is time to take out minor things that are costing the economy more and more money in order to improve our economy and put money towards other programs that would cause innovation. The second video also highlights that the reason people keep pennies around are for their own safety net of the known but in reality the first video held more factual information and later on the penny would go on not very missed.
Katie Snyder
Period 3
I love pennies! They are a valuable coin that helps keeps prices low. Would you rather pay 98 cents, or $1? If you know it or not, those valuable little coins can save you tons of money each year! Without them, prices would just get rounded up, making them MORE expensive! And who wants things to be more expensive? NOBODY!
Period 4
I don't think we should keep the penny because it cost more to make the penny than the penny is worth. The argument for that is that we will end up paying more as citizens because then everything will have to be rounded up, but I don't think that it will be a great difference. I also think since most people use credit cards, debit cards, and online tools to make purchases these days then it won't affect many people.Other countries have done it and showed that they were able to save millions of dollars afterwards.
Sam Kadakia
1st pd.
I don't even know how the second video can be considered as a counterargument for the first. The things the second video showed are in no way beneficial for society. The first showed some interesting topics, so I'm more inclined to agree with it. For example, he states how much it costs for pennies to be made, and compared it to it's usefulness. One thing I found hard to accept was that even nickels shouldn't be used. The penny is one thing, in fact it might be a nice push for people to find ways to make more money, however not using the nickel would be too much. Since prices would have to rise to keep up with the new flow that currency is taking.
I don't care about pennies. Keep them, get rid of them, there will only be a marginal benefit to my life either way. No matter which way it goes, the American public will get used to it and eventually stop caring in another decade. IT doesn't make sense to compare this issue to that of another nation, as America is in a unique position from being by far the most traded currency in the world.
Pennies are a necessary evil. While not used in daily life, they do represent a placeholder that is necessary in monetary transactions. One example is the state tax which is currently 8.25%. This tax is bound to add a few pennies at the end of any total. Although we don't use the pennies in the actual exchange, since one is more likely to use a credit or debit card, they remain important because of their placeholder value.
I think it is time to get the penny out of our economies circulation. Seeing as it costs more to produce each penny then what they're worth is proof enough to me that they shoukd disappear. Another reason, is there is absolutely nothing in todays stores that is worth a penny, so for the most part people just hold on to them, throw them away, leave them on the floor etc. I think the penny should be taken away, because it is essentially useless in our economy.
I think it is time to get the penny out of our economies circulation. Seeing as it costs more to produce each penny then what they're worth is proof enough to me that they shoukd disappear. Another reason, is there is absolutely nothing in todays stores that is worth a penny, so for the most part people just hold on to them, throw them away, leave them on the floor etc. I think the penny should be taken away, because it is essentially useless in our economy.
Period 4
Like myself, both of these vloggers don't entirely support the penny. Personally, I rarely use pennies, due to the amount of time and effort it requires to sort through coins and count them. Ultimately, using pennies just doesn't seem worth it to me, and I believe much of the population shares this thought. For this reason and because of the penny's relative high production cost, I believe the penny should be taken out of circulation. However, there are clearly downsides to eliminating the penny, like others have mentioned, but in my opinion, the penny is not worth the hassle it entails.
Samantha Pecson
4th period
I personally would say that getting rid of the penny would be a bad idea. Although the majority of society would say the penny is worthless, the opportunity cost is immense and would affect the U.S. economy.
Prerna Kamnani
Period 1
I definitely have to agree with the guy ranting about the discontinuation of the pennies. His argument, in my opinion, is the most valid. It costs more to make than the actual value. Additionally, we are spending millions of dollars on a currency that is now outdated and purposeless. From personal experience, when I receive a penny from a transaction, I dread the fact that I have to carry it around because who knows when it will be the next time I will use it. Pennies just sit in the bottom of my wallet. Although I agree with discontinuing the penny, I do see the repercussions of that act. First, I guess it has some sentimental value. Also, they still have some value, and it is a reform no political finds of significance. The penny has only so many more years to live before it is out for good.
Tori Daniels
3rd Period
In my opinion, I think the penny has certainly become useless. Technology has advanced enough for people to stop using paper and coins to pay altogether and have switched to a plastic alternative. Anywhere you go, businesses will take credit cards. So why count out the exact change (including the spare pennies burried at the bottom of your wallet) when it can be payed in just one swipe? Yet, I think with the way taxation and business is set up today, the economy works with the use of pennies. If we were to rid of them, it would drastically change the way our economy is run. Unless everyone converts to credit cards, the possibility of switching to a world without pennies just seems unrealistic.
I absolutley hate pennies. I abhore them with a passion. They are even more worthless than Kim Kardashian. The national government is actually adding to the defecit by creating pennies every year, since it takes more to make them than what they are worth. They have caused so much trouble in the past that their removal should not even be second guessed. Removing all the copper in them was a arduous task which could have been prevented if they had been abolished back in the 70s. The country would actually be better off if it was.
Sure i am a fan of patriotism as much as the next guy, and sure i think Abe Lincoln is a great president, but to what ends do we need to keep up the charade that the penny is worth keeping around? Its useless! cashiers don't accept them! They are better off not even being valid currency! This is why i have taken it upon myself to take pennies out of circulation by collecting them and hiding as many as i can in the corner of my room in a giant tub.
All pennies can die.
Most of the people that like they penny do so because of its sentimental value. People feel tied to it because they grew up with them, finding "lucky pennies" as a child always made me feel accomplished, plus the fact it has Abraham Lincoln's face on it makes people reluctant to give it up. However, John made a good point in saying "if Abraham Lincoln came back today and saw that his face was on a coin that is worth less than what it costs to make it, how would he feel?" One main worry is that the loss of the penny would increase prices and although that may not seem like much of a difference, when compared to gas prices, as Caleb said, it does matter. I don't have a strong passion for either view, but if a coin costs more to make than it is worth, then stop making them. But, I do not mean that the value should be completely done away with, as with the gas example, some products need the penny value. Plus, everything is going more toward credit nowadays, that way one doesn't have to worry about holding up a check-out line because they are searching through their coins. One of the things I am contemplating is that the penny seems to serve as a place holder as the lowest valued coin. If we get rid of it, then the nickel will be the placeholder and people already want to get rid of that. If the nickel is lost, then the dime will be the place holder. How much longer until that is done away with?
Saira Sultan
Pd. 3
In my opinion, the penny is useless at this point. Especially considering the fact that it requires more money to make the penny than what the penny is actually worth. Not only is money being wasted but also the time that is put into making the penny is wasted as well. To be honest, not only is the penny useless but it is also an inconvenience.
Amita Batra
4th Period
Indeed, as many others have mentioned, pennies do not serve much purpose in today's world. Personally, one of the biggest reasons I feel this way is simply because it is more or less impossible to go to the store and buy something of value for a penny. If you cannot get value out of a single coin, then the coin is clearly not valuable. Consequently, the production of pennies is more costly than the actual value of a penny. Why should we, people with modern day technology with various methods of payment, subject to waste our money with a coin that does not do us any good? On average, each American owns more than one credit card. Because we can pay for things in an electronic fashion, there should be no justification behind the creation of an unnecessary physical medium of exchange. Of course, cash should always be an option. However, it is fairly easy to round prices to the nearest tenth. This would eliminate expenditures on valued tax dollars and at the same time promote technology and its growth. Thus, it is safe to conclude that the elimination of the penny would be reasonable and highly beneficial to Americans today.
Let me get my 2 cents in here. Before proceeding to throw them away after this.
Excluding their use as a place maker in a book or a mere escape from a depressing world under the guise of "making a wish," pennies are a complete nuisance and literally a waste of time. Economically speaking, the marginal costs exceed the marginal benefits. The value of the penny is much less than the cost it takes to make the pennies. Not only is money being wasted then, but the time it takes to make a penny could be used for better things. Moreover, the time it takes to find the darn thing could be used to doing something WAAYY more expensive. Yes, indeed pennies can be used as a weapon much more reliable than a mere whistle or pepper spray, but often times they weigh down our pockets with their unnecessary heaviness. Sure, it's easier to drop a penny in a penny drive or a donation box than it is to part with a wonderful quarter, and sure, eliminating the penny could raise prices as things may be rounded to the nickel. But who doesn't already round up when paying for things, in fact rounding prices wouldn't really matter as the cost isn't that high anyway with the penny gone, maybe people would donate nickels to the penny foundation (nickel foundation has a ring or a jangle to it). Honestly Abe, you may be rocking that beard, but frankly sentimentality aside, I believe it's time we made "change" in a different direction by ridding the world of the useless coin.
In all honesty, I feel like the penny is not particularly necessary in our daily lives. The first video does a very thorough job of explaining the cost of the production of these pennies and how it is actually n=benefiting us less. If so much is going into the production of a penny while it could be used for alternative expenses, truly, it is time to reconsider its relevance in our economy today.
In response to Abin Joes' horrible comment on Kim Kardashian: she is hot, not worthless
1st
Pennies no doubt are no longer needed in todays society. Not only does it cost more just to produce the product, but there is no use for it as well; like previously stated they are solely used for meek play. They do benefit though for items that are inexpensive and we need something that has .01 worth when recieving change back after purchasing an item. Basically, I believe pennies should stop being produced because there is already so much that is not in use, but it still holds a little value in them so completely taking the piece of copper away would not be beneficial. Also, I must say, if Abin believes Kim Kardashian is less than a penny, I am curious to know what he considers a dime;D
Akshay Thakor 4th.
yes it has. i think pennys are useless. they take up too much space. same as nickel. but if i can remember my hardest, its been a really long time since i last use a penny to pay for something. i think everything should be rounded off to 5 cents or 10 cents. 10 cents preferably because theres smaller then pennies and worth more. u can fit like 4 dimes in the width of a nickel. total. nick is 5 cents and 4 dimes would be 40 cents. see. saves space and worth more. i would say i would be on the side of the 1st video dude, against pennies. pennies waste time to count and they usually end up in a rainy day bank, or on the floor, many fountains and stuff.think about how much better it would be to find 10 cents everywhere the penny is at. i also think pennies are ugly when there oxidized, another reason why dimes are better is because they look alot cooler.
Yes, I believe that it is time that the penny retires. It may have been worth quite a bit before, but nowadays through years of inflation, it is now seen to be worthless. It has also come to my attention that pennies are rarely seen these days. There aren't a lot of exchanges with pennies as people swipe their credit and debit cards and write checks. If the cost of making pennies is greater than what the actually penny is worth, then what is the point in having the penny. All in all, the marginal benefit of a penny is lower than the marginal cost. Why continue to suffer?
Period 1
I've never really thought about this, but I do think it is time to retire the penny, and the fact that there was no substantial pro-penny argument here doesn't help. I agree with John Green that we are sentimentalists and don't want to discard the penny because of the longstanding presence it has had in our lives. However, life in this century is all about moving forward. How will we effectively and efficiently move forward if we continue to hold on to this piece of metal only because of sentimental value? I have a ton of coins in my car, wallet, and just around the house, and I never bother to use them because the opportunity cost of using them is way too high. It's such a hassle when you're in line trying to buy something, and you have to hold up the line so that you can find and count out 3 pennies. Plus, the thing is so small it just falls everywhere out of your hands. Can you say annoying? But in all seriousness, the penny is outdated. The saying "every penny counts" no longer really applies, as we are becoming less appreciative of the "small" things in life. With credit and debit cards, it's so much easier to just slide the card rather than to count out exact change. With the time and money that the government and we Americans use to produce and use the penny, we could be doing much better things.
I believe that the penny should be taken out of the U.S economy because of the fact that it costs more money to make one than what it is actually worth and the second reason is that the penny is virtually useless as many people don't even bother to keep pennies anymore why bother make them?
John Moore
period 3
The penny is not something the government should be toying with anymore. As we lose money to make the coin the government is just giving it's civilians a piece of metal to throw out windows and in trashcans because of its worthlessness. As we head into the 21th century governments need to look at cost effective ways to stay afloat if they want to continue to pay exorbitant amounts on defense, and one way to do that is to abolish the penny, and maybe have budget cuts in other sectors but that is not the point. They penny has become a crippling note in our society and to become fully functional once again the American government must do away with it.
I personally believe the biggest problem in the United States today is the lack of efficiency and wasteful use of our limited resources and time. The penny is no exception and should be abolished. We can invest our efforts into producing something that benefits America. It value is minimal, costing more to create than its monetary worth.
Hamza Razaq
4th Period
I have to simply agree with the first video. For the convenience of spending and for efficiency keeping a dime, a quarter, and a fifty cent coin would make spending much more efficient and taxes adjusted so that they would be easier to calculate. Eliminating the penny and even the nickel if need be would save millions or even billions each year. It is much better to be progressive towards a more forward moving future filled with other conveniences such as Paypal, Debit Cards, and Credit Cards.
Harrison You - 4th Period
The penny truly is useless. Because we have credit cards, debit cards, and even paypal, paying in smaller coinage is just inconvenient. Using this new methods are way more efficient. Plus, the penny costs more to mint its actual value in our economy. Personally, I don't even keep my pennies when I get them as change. It's better to stick with nickels, dimes, and quarters.
Per. 1
I believe that the penny has outlived it's usefulness. While it was once a commonly used currency, many people nowadays find them more annoying than helpful. For example, people easily waste the penny by throwing them into a fountain, smashing them into a souvenir, and by simply losing them. The government spends far too much money on something that most citizens do not want anyway. We have a long enough list of things that our government should be producing, we should take penny's off the list. Furthermore, we have larger more useful coins that we could use in the place of the penny.
The penny is useless plain and simple! We are living in an age when it's time to start conserving our resources. Do you know how much precious metal we can save just by getting rid of our penny? The opportunity cost could be used for something else and it doesn't help with high populated countries like China and India rising from poverty. That will create an even higher demand on resources. We need to start rethinking our use of precious metals and ridding the penny is a great step in the right direction!
Allen Jose
1st period
I really believe that pennies are useless and that it is time to retire them. We live in a time where people hardly use cash or any type of change anymore. It is pointless to make a coin that is worth 0.01 yet costs much more than that to make. It is pointless to make pennies in a society that is moving to the more modern and efficient credit card and debit card.
Matt Louis
3rd
I agree, the penny is not very useful any more. As deep in debt as we are, we should stop production on the penny and use the money for more useful things. Though if we got rid of it completely, prices would rise to the nearest nickel, so I think we should stop producing the penny but, continue to use what is already in circulation.
Mansi Inamdar
1st Period
I believe that we should get rid of the penny reason being that its worth much less than what it costs to being made. i wouldnt say pennies are useless but instead of taking out that one extra cent to pay, might as well use a nickel, something i personally do.
Aman Gupte
Period 1
Having some OCD tendencies, this is one argument where I do not take the side of logic. OCD tendencies being that I like to pay in exact change, and not everything is priced in nice multiples of five. So even though the penny costs more to make than what it is worth, this disposition of mine has got me on the side of a keeping the penny.
Mohammad Abdel-Aziz
Period 3
In my opinion the penny has no place in our economy today. As the website stated the we waste more money on producing the penny than it's actually worth. That makes as much sense as a company spending $2 to make a product and selling it at $1. The company would be losing money and that is what's happening with us in the U.S.A. with everyday we continue to manufacture the penny.
Caleb Bledsoe - 3rd Period
I'm in favor of getting rid of the pennies, they can't really be used for much of anything. In addition to the pennies worthlessness they're ugly and smell weird. The only time I've ever really seen a penny in action is when my sister had to collect them when she entered, "Central Texas' Cutest Kid Pageant." Her task was to collect as many pennies as possible so she went to the bank and traded in cash for pennies and managed to win three years in a row doing the same thing.
Matthew Francis
Period 3
I feel that the penny serves a larger purpose of regulating price. If we transition into a purely silver coin system, we will pay 4¢ more per product. On a larger scale, 10,000 units of said earn $400 it should not have. I believe we can change the composition of future pennies, this reducing the price to manufacture the coin, after all we do charge some products for having values under $0.01 such as gasoline.
Saimol Edaparampil
4th Period
Pennies seems to be both a waste and useful at the same time. Caring around a bunch of pennies would not be something people would want to do; however, if you keep saving your pennies, you won't believe how much you can make. Moreover, if we get rid of pennies, it would be hard to pay for things that may be $0.11 to $0.14. Therefore, there are two different ways to look at the situation.
Although I'm not a fan of pennies or any type of change for that matter, I believe that on one hand pennies serve a purpose. Pennies are very useful when paying exact change ending in a prime number. On the other hand, I usually spend more time trying to get rid of pennies instead of actually needing them. Pennies are kind of annoying to use and instead I use my debit card to pay for things. I feel as though with a few price changes pennies can become obsolete. I feel as though if we wanted to get off the penny we could but without the public support the penny is here to stay.
Alexander Pappan
4th Period
I used to be a penny lover, and sometimes they even helped me out. But now as prices rise and its usefulness and practicality are gone, I think we should stop making it. The only problem i can see is how would we pay the odd amount of cents when it comes to payments. It would be a small increase or decrease in prices but over all it would be an easy adjustment I think.
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