Anyone on this site
Currently it costs more money to make the penny than the penny itself is worth. By banning the penny, the U.S. government would save money which could be used to help lower the large amount of debt the country has accumulated. Yes, prices will increase on certain items since they must be rounded up to nearest five cents, but many people have more pennies than they care to have and simply leave them lying around in a jar or otherwise and would not be profoundly impacted financially by the penny ban. They are useless for purchases. How many times have you used pennies when shopping in the past year? What do you do with change? Put it in a jar where it sits untouched for years? Leave in the take a penny/leave a penny jars that have popped up in stores? Pennies are unnecessary and cost more to make than they are worth. Why not ban the penny?
[ Modified: Friday, 22 November 2013, 01:12 PM ]