Argumentative Essay: Should The Penny Be Abolished?

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Pennies can generate a great quantity of hostility between a cashier and the customers. Once, as a young child, I wanted to empty my purse of its pennies. While I counted the pennies I needed, the cashier impatiently tapped their fingers on the register with their eyes staring at the pennies, willing them to burn up. The frustration spreaded to the other customers, leading them to argue and complain. Hurriedly, I searched for the last few pennies before almost throwing the pennies onto the counter. The calamity the pennies had brought upon could have been avoided, but everyone who witnessed the scene left the store vexed. Pennies produce more trouble than good. In the United States, the one-cent unit has become a huge controversy. Over time, the penny has lost its worth and value, prompting many to advocate for its elimination. The United States’ economy has advanced and evolved so remarkably that the penny should be abolished because it no longer …show more content…

The worth and value of the penny has dropped significantly, preventing the coin to serve its purpose. In the article “Penny Anti,” numerous experts concluded that the penny is of no importance anymore. “The purpose of the monetary system is to facilitate exchange, but the penny no longer serves that purpose.” Harvard professor N. Gregory Mankiw, a former chairman of President Bush’s Council of Economic Advisers, disclosed. It has become common practice to leave the one-cent unit at the register as it is worth so little. “When people start leaving a monetary unit at the cash register… the unit is too small to be useful.” As stated in “The Cost of the Penny,” pennies are a waste of time and effort. The Department of Defense ceased to ship pennies out to oversea

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