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
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worth,”(Prairie News Register, P.2). This surmise is showing that military forces will not even use a penny because there worth is so little. As you can see, the one cent coin is worth too little for our armed forces to use which play an important role in the United States. Also if the penny gets destroyed prices will go down. For instance, “Something that currently is worth 99 cents may well drop to 95 cents instead of rising to a dollar to avoid the higher price threshold and attract more customers. Market forces should protect prices—and rounding would make it considerably easier to count change,”(Prairie News Register, P.3). This shows that if the one cent coin gets eliminated prices will start to drop. Therefore, if prices start to drop it will save the United States government more money. Secondly, the one cent coin should be eradicated from the United States because it is a waste of time and money to produce them.
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
anymore. Some critics have an avid that the United States one cent coin should not be abolished because it shows an important part of American history and it signifies meaningful phrases. The United States penny represents many significant meanings on it. For example,”The first penny in the series was created to commemorate the 100th anniversary of Abraham Lincoln's birth, ( J. Wendell Shelton, P.5). It may be true, however without the penny it still can be remembered down in history as the 100th anniversary of Abraham Lincoln's birth. Another example is everything would have to be rounded to the nearest nickel. “Without pennies, people would be forced to round everything up to the nearest nickel. This system would be extremely confusing
Between 2001 and 2006, there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished.
In 2001 United States Representative Jim Kolbe introduced legislation to Congress to eliminate the penny coin in most transactions. Although this legislation failed, there are still consistent calls to eliminate the penny as the smallest-denomination United States coin. Our nation is founded on passed traditions. Any American can look basically in any place to understand why America has thrived for centuries. Every tradition, sculpture, monument, or artifact gives Americans history about what has occured. The country struggles to destroy any of these long kept traditions. Although some traditions are completely relevant, the use of the penny is of little worth today. Whether the penny is rolling around in your pocket or resting at the
In 2001, United Sates Representative Jim Kolbe proposed a legislation to Congress to dispose the penny coin from the currency of America because of its small impact. Although his legislation failed, most people currently argue about the penny’s existence today. Even though the penny stood as a mark of history, it is useless and should be eliminated from America’s currency.
They must be eliminated, but you might think. Wont prices go up and charities lose money? No. new zealand , finland, and the netherlands stopped using the one cent or the one cent euro and noticed no change in cost instead they round to the nearest five cent. Anyways the US has already gone through this process without trouble like the half cent it was eliminated in 1857 because it was too little worth. Another thing is that everyone loves lincoln so they might think that his monument might be taken away but taking away the penny won't take away his memory we will still have him on our five dollar bill which won't go away. Yes you might think it is unpatriotic or disrespectful to take away lincoln but the us military is not using pennies because they have already realized that pennies are useless and not needed so they round to the nearest five cent. So basically pennies just aren't worth making, they waste people's time and they don't even work as money like they are supposed to, and because of inflammation lose more value every year making them making everything
To begin, United States should not eliminate the penny because the coin has impacted our language by giving us more phrases and words. According to source #4, it states, “The one-cent has influenced our language, giving us a number of idioms, such as ‘a penny for your thoughts’ (a way to ask what someone is thinking) and ‘not one red cent’ (meaning no money at all).” This is significant because it shows that the penny has affected the English language
Have a good look at the penny, what do you see? You probably see nothing but a copper coated circular poor valued cent. Little does everyone know pennies have been around longer than before their grandparents, even their great-grandparents! Matter of fact, it was around so long ago that Abraham Lincoln’s face was not the first design on the penny. I ask that you take the time to consider the American penny’s worth. Without the people’s belief in its value, the penny will be abolished. I see people every day throwing away a penny rather than to put it in their pocket and save it for future uses. Yes a penny is "outdated, almost worthless, bothersome and wasteful" (Safire) piece of junk, but it's has an economic, cultural, and historical significance to the United States of America. The problem is that nobody pays attention to that, and that gives pennies the image of no value. Three good solutions to show the pennies worth include: tolls and vending machines accepting the coin, more charities to keep their penny drives, and historical evidence of what the penny mean to America so that it can be passed on to the future generations.
The Penny is a wonderful coin. It might only be worth one cent but that one cent can help people in all sought's of situations. The penny should kept in circulation. There are many people that use the penny still in today’s society.
Millions of Americans work full-time, day in and day out, making near and sometimes just minimum wage. In 1998, Barbara Ehrenreich decided to join them in part by the welfare claim, which promises that any job equals a better life. Barbara wondered how anyone can survive, let alone prosper, on $6-$7 an hour. Barbara moved from Florida to Maine to Minnesota, working in the cheapest lodgings available and accepting work as a waitress, hotel maid, house cleaner, nursing home aide, and Wal-Mart salesperson. She soon realizes that even the lowliest occupations require exhausting mental and physical efforts and in most cases more than one job was needed to make ends meet. Nickel and Dimed reveals low-wage America in all of its glory, consisting of
We should keep the penny because it has history, in fact it was “the first currency authorized by the United States” (Lewis). The penny no longer has the value that it used to have, but it is still necessary to make purchases as accurate as possible. The penny may seem like a waste of time to many Americans because it takes so long for cashiers to make change, forcing people to wait in line, but it is actually worth the time spent. The penny helps with keeping prices a cent lower, and therefore stimulating the economy. The penny is important to many people who need the money and for whom pennies still have value.
The penny is so close to worthless that there is a major debate on whether the penny should be kept in circulation. Keeping the penny in circulation would be mostly for those traditionalists who see this coin as history and luck. Many are working very hard to keep that piece of history from meeting its retirement. ALTHOUGH THE PENNY HAS BEEN AROUND THROUGH AN ABUNDANCE OF GENERATIONS; DEPLETING THE NATION OF THIS COIN WOULD BRING LESS HASSLE AND MORE BENEFIT.
Many of Americans view the every day penny as only one cent that carries only little to no value, which is why they wind-up stashed away at the back of drawers. What most people don’t have a clue is the value it once held back in the days where a can of coke was about one cent. Our very own citizens who once fought battles and came home scarred knew that the penny wasn’t just one cent, it was the blood shed, their fallen brothers, and the never ending tears that symbolized one single Lincoln. Pennies are worth more than their currency, they are the history of our home and the beginning of where we stand today.
The penny has been in America for centuries, it's a sentimental object for Americans everywhere. However many have debated on whether or not it should be eliminated or continue being made. The penny should be preserved because it is apart of American culture, given to charity, and keeps items cheap.
Pennies have always been respected for having played a big role in american history but does the penny actually deserve to be held in such high regard if it's just collecting dust under the couch. Since 1857, the penny was used and changed throughout the years but it might be a better idea to get rid of the penny because of its expensive production costs and its effect on the economy.
There is definitely no purpose and meaning in continuing the creation of these worthless objects. All they do to the United States is cause trouble, and they are clearly a bothersome to uphold them in our possession since they barely contain any value. Our economy would be fit with just dimes, quarters, and nickels as our coins. Abraham Lincoln, who was the president represented in this penny, would disapprove having his reputation and honor shown in a futile currency. The government needs to stop producing pennies. They create a loss of money rather than a profit; therefore, these copper cents need to be gone from our economy. What other choice is available? What can these pennies do in order to redeem their glory? It is nearly impossible to convince residents to use pennies once again. The penny has lost its value, and their dignity has become faint to us. It is time to eliminate pennies–for
The penny should be preserved, we should save the penny. They say that we should ditch the penny, for it is a waste of money. They want the penny abolished because we are the ones that pay taxes we give money to make pennies which cost more than what a penny is worth. We have to save the penny for the people who are less fortunate and who could do better with maybe some of the saved pennies we have. This could save some lives while we save the penny, penny drives would be called “Save a penny, Save a life”. At a penny drive we can give them a whole lot since we don’t use them for ourselves.