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Do you know pennies real cost? Some people think we should get rid of pennies and others think we should keep them. I think we should get rid of pennies because the cost of the pennies has more value then it is worth. My reasons why I think we should get rid of pennies is because the penny costs 1.6 cents to produce and those pennies people have endup under a couches or on the floor. There's about a thousand pennies on streets that people don't bother to pick up. Pennies get lost every year. “Approximately 7.5 billion pennies are lost each year in the united states.” This means that a lot of people lose billions of pennies. This shows that people are irresponsible and don't care so much about pennies. Another problem pennies…

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…

Harvard Economist Greg Mankiw one said, "It costs the mint well more than a cent to make a penny. The solution, in my view, is to get rid of the penny." This means that the penny costs more to make than they are worth. The materials that are used in the penny are expensive and taxpayers lost millions of dollars for the production of the penny. The production of pennies should be eliminated throughout the United States. It is a big part of American history, but they cost too much to produce. …

What if the penny became obsolete and no one ever had the opportunity to say “a penny for your thoughts?”. The battle to get rid of the penny has been an ongoing thing for quite some time now. Many people want to do away with the penny, but what they fail to realize is that getting rid of it could cause inflation and less money would go to charity. Pennies believe it or not can help people in need. Penny drives are a way to collect money to give to people who desperately need it. Washington…

between. The majority of pennies are only going to be worth a cent. That one cent that you hold so precious cost 1.5 dollars to make in 2017. The government is basically throwing away all of their money on this one coin. But don't get me wrong I understand that there are other cents that cost a lot more than they’re worth, like the nickel. But that's a completely different topic because of how much more it would disrupt our current system and economy so I'm not going to go into that. Plus on the…

environment through fossil fuel, and the transportation also emits high Co2 levels which pollutes our environment. For further evidence, we can ask DesignLifeCycle.org which is a site created by students and professors at University of California. They calculate just transporting pennies to banks not even the other energy consuming methods of producing and transporting pennies; The transportation will put about 1.5 million metric tons of Co2 into the atmosphere each year. In addition…

The united states money system has been in action for hundreds of years now. Adding new bills and coins up until now. Many of these cost lots of money to produce, however, are a popular bill or coin so they are needed. The penny or the 1 cent piece has become a financial problem to produce and distribute. I am against the continued production of pennies because It cost twice as much as its worth to produce, they waste a lot of time being counted, and carrying around these heavy coins isn't worth…

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…

My peers, currency is one of the cornerstones of modern society, but I ask why has the penny remained for hundreds of years while several other coins the United States has minted disappeared? Why must we continue to produce coins which are worth less than nothing? Why did the penny not die out in 2006? Why do we make coins that simply aren’t worth someone’s time and money? The penny wasn’t always the smallest unit of currency that the United States used, there existed a coin known as the…

Many people are thinking about getting rid of the penny. People often times see pennies as useless and annoying. People can no longer buy anything with a penny as prices have increased over the years. Pennies are often times more frustrating to others than nickels, dimes, and quarters. Those who have a higher income are for getting rid of the penny, and those who make a lower income want to keep the penny. The penny can be seen as useless, outdated, others would like to see it stay, and others…