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kill the penny!

Okay, so I admit to having collected coins in my life and I still have most of them (those that my little brother didn't steal, then use to buy candy, when we were kids). But with the highest-ever cost of copper right now, it's time to kill the penny, isn't it?

What do you think?


( 12 comments — Leave a comment )
May. 1st, 2006 08:31 pm (UTC)
As long as tax is added at the till, and not on the label (as in all other countries to my knowledge), the US will need pennies.
May. 1st, 2006 08:42 pm (UTC)
It's easy enough to round up/down by a few cents! Or local governments could require businesses to price items so they come out to the nearest nickel... better yet, to the nearest dollar.

Or we could go all-electronic, per Everflame's idea below:
May. 1st, 2006 08:34 pm (UTC)
I personally can't wait for all physical money to cease to exist. I realize the economic implications of such a thing would be devastating to most of the people in the world, so it's impractical and self-defeating. But I hate real money. It's bulkly. All I need are my credit and debit cards. And *maybe* checks. Thank you very much.
May. 1st, 2006 08:43 pm (UTC)
I'm with ya! I only use cash when it's a pain to use credit card (I get 1% back at the end of the year), such as buying (say) an engine or car on eBay and having to pay cash in person for it.
May. 1st, 2006 08:36 pm (UTC)
Kill the penney!
Yah, just line them all up on the railroad track and squish em!

May. 1st, 2006 08:44 pm (UTC)
Re: Kill the penney!
Perfect! Better yet, as Scarlettina would enjoy, squishing them with artistic imprints.
(Deleted comment)
May. 1st, 2006 08:45 pm (UTC)
'Strue, but there's still copper plating and a metal core... and research shows that they cost more than a penny to create, all costs considered. Plus they're a pain in the rumpus.
May. 1st, 2006 08:43 pm (UTC)
Honest Abe's immortal shine
No more pennies? What would the world be like?
The old rhyme of finding a penny and picking it up would be like Old-English, or American folklore(like Davy Crockett)... Obsolete, though interesting to history buffs.
May. 1st, 2006 08:46 pm (UTC)
Re: Honest Abe's immortal shine
There is that... and kids would no longer learn that "a penny saved is a penny earned." Perhaps (allowing for inflation) we could substitute "dollar" for "penny."
May. 1st, 2006 09:26 pm (UTC)
Someone needs to go back and watch The West Wing episode where Sam tackles this very issue. :)
May. 1st, 2006 09:47 pm (UTC)
I don't watch regular TV programming - what happens? (I assume Sam is the prez, right?) What does s/he do to fix the issue?
May. 2nd, 2006 02:08 am (UTC)
Sam was the deputy communications director (Rob Lowe). He had to handle a congresscritter's request to kill the penny, eventually bought into the idea, and had to be talked out of it by others on the staff.
( 12 comments — Leave a comment )

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