Why Keep The Penny? - Association of Mature American Citizens.
Although there are many reasons why we should keep the penny, including the fact that it is a part of history and to eliminate it from circulation would be an insult to Abe Lincoln, the reason I believe we should eliminate the penny is a financial one. Simply put, the penny is too expensive. It is general knowledge that in the current day and age, we are spending more to produce the penny than.
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It costs 2.41 cents to produce it. That's up from 1.23 cents in 2006, when the cost of making a penny first crossed the threshold of an actual penny. And the nickel? It now costs 11.18 cents to.
Some misled proponents of the penny believe that the cost is irrelevant since the penny is tradition. “How can we get rid of a minted coin?” they may ask. The answer is the same way we got rid of minted coins in America before. From 1793 until 1857 the United States produced a half cent coin. Today the idea of a half cent is ludicrous, but when the working wage is one dollar a day the half.
The penny should be eliminated because people of this nation no longer see the value, It is a waste of time and money. While working at my local Mcdonald’s as a summer job I even noticed myself that I was often getting told to “ Keep the change “ or “ oh that 's okay I don 't want my pennies”. “ It’s somewhat what you can say a daily habit. It has become so normal. The penny.
The question the essay called for us to answer was simple: should we eliminate the penny? As I read through each of these sources and looked at the graphics I decided what side I was on. I decided I liked the penny. I decided that I thought getting rid of the penny was the worst idea that I had ever heard. In March, Senators John McCain and Mike Enzi reintroduced a bill to eliminate the penny.
Articles. 1. Should America Get Rid of the Penny - Scholastic Storyworks 2. Should the Penny Be Retired - The New York Times Upfront 3. Should We Keep the Penny or Get Rid of It? - About.Com 4. Should We Make Cents - 60 Minutes 5. The American Penny: How It's Stuck Around All These Years-US News 6. Why Keep the Penny? - AMAC 7. Don't You Dare Eliminate the Penny - Forbes 8. Why We Need to keep.