Essay On Eliminate The Penny

627 Words2 Pages

Eliminate The Penny Many people agree that the penny should no longer be preserved in the United States. The penny has an substantial role in American history but it is time for it to be gone. The penny has too small of a value to keep anymore or to use to pay for something. People also do not really care for losing a penny because they are negligible and worth very little. By eliminating the penny from the United States it will save time and money. The United States one cent coin should be confiscated because very little people use them anymore and prices will drop. Rarely anybody uses the penny anymore because the value of the coin is so low. For example, “Military forces won't even use pennies they said it's something about there …show more content…

Now a day, people do not even bother to pick them up when they see them on the street, the unit of a penny is too small to be useful. The one cent coin should be eliminated because they cost more money to produce than what they are worth, “A penny currently costs the United States government 2.4 cents to mint. Yes, that's right—the penny costs more to produce than it's worth! One-cent coins constitute a complete and utter waste of taxpayers' dollars—not to mention a waste of our time and energy,”(Prairie News Register, P.1 ). This shows that if the penny gets eliminated from the United States it will save more time and money. The Penny also means very little to society because when someone sees a penny on the ground they rarely will pick it up. “Production is up in part because of hoarding, and in part because more and more people are throwing them in jars or drawers and never taking them out again. Few people now bother to pick up a penny when they see it on the street. It's simply not worth the effort,” (John Fund, P.2). This evidence shows how picayune the penny is and how people do not really bother for pennies

Open Document