Pros And Cons Of Penny Synthesis Essay

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Imagine a boy walking down the street on a warm summer day. Along his path, he spots a penny, glinting in the summer sunlight. Does he pick it up and keep it or does he just walk past it? Why? The penny, a well known piece of American currency, has long been a part of our country. Some believe it to be old and unnecessary, others believe it should be maintained. There is a lively debate between those who believe in the penny and those who don’t believe in the penny, and there are many pros and cons to each side. I believe the penny is an outdated and irrelevant piece of currency, and I think you should too.
I, and many others, believe there are countless pieces of evidence that justify getting rid of the penny. Some of the most important facts about this issue lie in our own country's treasury. The U.S. spends between 1.6 and 2.4 cents to produce a single penny- that’s more than what a penny is actually worth! And with the U.S. making 4.3 billion pennies a year according to the article Penny Anti by John Fund, that wasted money really adds up. Sure, the penny is a large part of American history, and some believe that if we get rid of the penny we will also be ridding of a piece of American culture, but it’s not like it will cause the penny and the history behind it to be forgotten! …show more content…

military forces, have already stopped using pennies on their military bases according to the Prairie News Register, and that hasn’t affected them negatively at all. And, according to research from the same source, Prairie News Register, the removal of the penny may cause commercial prices to drop. Companies will want to avoid the dollar threshold and lower the prices in order to maintain customers. The evidence against maintaining the pennies production is bountiful and largely outweighs the “the penny is sentimental” argument that most penny supporters exercise. Getting rid of the penny would be a very beneficial decision for America in the long

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