by The Hamburgerler

Created on: May 06, 2008

The penny should be eliminated!

It is a waste of resources and energy to create the coin when people just drop the penny on the ground and don't bother to pick it up because its value alone isn't worth the time or effort. When you go into a store you won't notice if they raise the product by a penny and when you go to pay you don't want that extra change weighing you down, so you tell the cashier not to worry about the penny. When your total comes to 2.99, most cashiers won't bother counting all that change so they will just give you 3 dollars. Most cashiers do not care if their tills are our a couple cents at the end of their shift because with the amount of people saying keep the change and you handing out a nickel for actually only 4 cents it turns out to be not that big of a deal. Cashiers like to keep their line moving quickly and an easy way to do that is by forgetting the pennies and rounding off.

At a job if you got a raise of 98 cents instead of 99 cents im sure you wouldn't be fighting for that extra penny because its just not worth it. Today's world is becoming a more commercialized place and the penny is just slowing down the progress. Sure some may say pennies do add up, but after how long, think about all that time your wasting thinking about one penny your going to add to your jar, now realize the amount of time you've just wasted on that one penny, you could've done something more productive with your time and more efficient as well. Sure one penny might help save the world, helping a third world country, but if i'm going to donate a penny, i might as well give them alot more. People do put their pennies into a "send the kid to camp" jar, but how cheap are you to only give a penny, if your going to bother putting in one penny you might as well put in a nickel as well.

By rounding to the nearest 5 or 0 you'd eliminate alot more than what your would gain. By having a system that rounds up as well as down you'd pretty much balance out what the penny was worth anyways. Right now all a penny does is dirty up are streets or sits in a jar down in your grandparents basement.

The economics in today's world place a penny at basically no value, their isn't a high demand for just one penny, it probably creates more problems than solves them. Think how much time and money the government might save by shutting down the penny production, the opportunity cost of a penny is just not worth it!

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