Attention Getter: What if I told you I’d give you five one dollar bills if you give me a five dollar bill, would you do it? [Pulls out pennies] What about now, who is willing to change these 500 pennies for 5 dollars?
Background & Audience Relevance: I know most of y’all cringed at the idea of pennies being exchanged for a 5 dollar bill despite it being the same amount of money.
Speaker Credibility: To me, making this deal would have been the most amazing thing that’s ever happened to me, but to you, despite the fact that the face value of your money stayed the same, because of their lack of value and since almost nobody wants pennies your possible spending money would have decreased.
Thesis: Unfortunately, just like pennies …show more content…
Transition into the Body:
Body
Main Point 1: According to an article by Michael Mayo, every time the US makes a penny the government spends about 1.7 cents (Mayo). Because the materials cost more, the government is losing money on them.
i. Sub Point A: Pennies are worth more dead than alive, so the number of people melt pennies has increased, to sell for about twice the value. According to USA Today, because the government is losing money when others melt currency, the US criminalized melting money (Hagenbaugh).
ii. Sub Point B: And if you’re thinking maybe we should make them out of a cheaper metal. We can’t U.S. Mint Department of the Treasury says pennies are already the cheapest metal so that they don’t bend and aren’t too small to get lost in our pockets.
Transition to 2nd Main Point: According to Economist Stephen Dubner “If it takes at least a nickle or a dime to buy anything, than than individual unit just doesn’t serve much good”.
Main Point 2: People view pennies as worthless and even …show more content…
Sub Point A: According to The U.S. Department of the Treasury, “Private businesses [can] develop their own policies on whether or not to accept cash … for example… [they can choose not to accept] pennies” (Legal Tender Status). If businesses wanted to, they could reject your pennies just like laundromat, park meters and other machines. Pennies would be useless to you.
ii. Sub Point B: dropped $5 pennies and no one picked them up. If you bend down for like 5 second to pick up on, you make less than minimum wage.
iii. Sub Point C: The only reason to use pennies now a days is out of pure spite. Almost two months ago there was a viral video about a man who paid his full dmv ticket in pennies. He said, “If they were going to inconvenience me then I was going to inconvenience them,” (Wire). According to KTLA news he hired 11 people to unroll $1,000 in pennies for him because he wasn’t given access to a number to clear his debt (Wire). He was literally so angry he wanted others to suffer.
Transition to 3rd Main Point: The difficulty of spending pennies is why they end up in jars.
Main Point 3: There’s still people defending the