$1.2 million dollars worth of pennies get thrown away each year. Getting rid of pennies makes cents. “Penny Wise, or 2.4 cents Foolish?” written by Jeff Sommer, discuss the pros of getting rid of pennies once and for all. The United States should get rid of pennies because other countries have already done it, people don’t use them, and they cost to much too make.
Others say that, “Retailers in the real word might raise prices more than lower them.” That means that all companies might raise their prices instead of decreasing them. However, “in a competitive market, you might as well see the price decrease.” Instead of a retailer increasing their prices, they might decrease them because they want people to buy their food.
First, other countries …show more content…
Jeff also stated that, “We often store them in jars, throw them away in water fountains, or refuse them as change.” He also said, “Pennies take up too much space on our dressers at home.” So we shouldn’t even keep making pennies if no one likes them. If people aren’t using them right now then I know that it won’t matter when we get rid of them. Finally, they cost to much to make. “In the United States, the mint says, each zinc and copper coin cost 2.41 cents to produce and distribute.” “The taxpayers-lost $60.2 million on the production and distribution of pennies in the 2011 fiscal year” We should absolutely not be spending more money producing and distributing them. There is no point in keeping them. If we are going to save money by getting rid of them then there isn’t really a point in keeping them. Because pennies cost to much to make, other countries have already done it, and people don’t even use them, the United States should get rid of pennies forever. “No matter what you stance, the penny debate is real, and the United States has to make a decision one way or another.” Although it might seem like a small issue but it is a big issue because it might change the way people price things. It is a part of the American
Others say that, “Retailers in the real word might raise prices more than lower them.” That means that all companies might raise their prices instead of decreasing them. However, “in a competitive market, you might as well see the price decrease.” Instead of a retailer increasing their prices, they might decrease them because they want people to buy their food.
First, other countries …show more content…
Jeff also stated that, “We often store them in jars, throw them away in water fountains, or refuse them as change.” He also said, “Pennies take up too much space on our dressers at home.” So we shouldn’t even keep making pennies if no one likes them. If people aren’t using them right now then I know that it won’t matter when we get rid of them. Finally, they cost to much to make. “In the United States, the mint says, each zinc and copper coin cost 2.41 cents to produce and distribute.” “The taxpayers-lost $60.2 million on the production and distribution of pennies in the 2011 fiscal year” We should absolutely not be spending more money producing and distributing them. There is no point in keeping them. If we are going to save money by getting rid of them then there isn’t really a point in keeping them. Because pennies cost to much to make, other countries have already done it, and people don’t even use them, the United States should get rid of pennies forever. “No matter what you stance, the penny debate is real, and the United States has to make a decision one way or another.” Although it might seem like a small issue but it is a big issue because it might change the way people price things. It is a part of the American