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    Ban the Penny It's supposed to be good luck to find a penny and pick it up but it won't make you wealthy. According to a stat from MoneyCrashers.com if you pick up a penny taking five seconds you would earn $7.20 an hour which is under minimum wage. That just goes to show how useless pennies are. We have wasted time, effort, and our economy on pennies. And all they do is just weigh down your pocket. It is common knowledge that pennies are more expensive to produce than they are worth.…

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    People think the penny should not be made anymore. I am against this, and the penny is worth a lot and there are facts to prove this.The sources that the penny should still be made is the every changing penny by maria story and Give a penny save the ay by Ted waterhouse. The penny should still be made and there are many sources to state that the penny should still be made. First of all, the penny is apart of American culture.According to the every changing penny by Maria story it states. “The…

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    around us. Not only that, but they’re also quite impractical. Therefore, America should get rid of the penny. Pennies waste both American government and taxpayers money. Conforming to the 2014 Annual Report from the U.S. Mint, it currently costs 1.7 cents to make a single penny. That’s 70% more than the penny’s actually worth. Amy Livingston states, “...Coins are reusable. In theory, pennies could be used in hundreds, thousands, or even millions of transactions before it drops out of…

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    Penny's are a National waste in terms of currency. They are unused, overproduced, and do more harm to the taxpayers then good. This currency is just too small to be of widespread use of the economic system we have today. This is why the United states should remove this insignificant currency. First off because the penny goes unused and is still being manufactured it is driving down the amount of money the government has to spend on other things like, Schools for the children. You wouldn't…

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    For a fact, the government spends 1.5 cents for every penny it makes. Look at it from the other side. If no one uses the penny, that causes the government to spend more on making the penny. For every one billion pennies they make, they are spending 1500000000 cents. Believe me, that is a lot of money. That is 15 million dollars. That money could be spent on the issues that our country needs. Some of…

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    Solving The Penny Essay

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    ways. The first reason is evident; there worthless and take too much effort to use. Pennies are worth so little that it may take years of collecting before you get a suitable amount worth using. For example, in the article "Penny Wise or 2.4 Cents Foolish?" Jeff Sommer's says that "We often store them in jars,…

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    The US uses 1.5 cents to make just one penny last year. That is .5 cents more than the price of the penny causing the US to lose millions each year. This fact leads to arguments on why the useless penny should be abolished. As a growing country, pennies represent the expanding nation for everyone to see. But, the country will not be able to grow any more if people lose millions each year from useless pieces of zinc. Although the penny displays the nation's growth and can save people money over…

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    the penny only being worth one cent, it is difficult to believe that production of this coin results in $132,000,000 in losses annually. This, however, is a true fact which is negatively impacting the pockets of American citizens. Considering the major loss of producing this cent, it would benefit America to overall discontinue producing this coin. Pennies are only worth one cent, yet, based on research from 2014 Annual Report from the U.S. Mint, it costs 1.7 cents to create just one penny.…

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    pennies, steel can be replaced to make pennies instead of copper, and collecting pennies can truly add money quickly. I think that the United States should keep pennies. First, getting rid of pennies will raise the prices on items. "Penny Wise or 2.41 Cents Foolish" says that if a cup of coffee costs $2.01, it should be raised down to $2 but we all know that would never happen. Removing pennies will raise the price to $2.05. Who would want to spend more money on items because United States…

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    Middle School hosted a penny drive for charity. They raised over 3,000 dollars in just one week (source 3). Even though the penny is only worth one cent they can still add up. As Washington Middle School found out 3,000 dollars is a lot. All that money can really change a person's…

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