Abolish The Penny Essay

using the penny every day for over 200 years, so how could Americans just abolish it now? The penny has been an important part of our history in the United States. It still shows the face of Abraham Lincoln, a very important president, and civil rights activist who wrote the Gettysburg Address, and abolished slavery. Abolishing the penny would lead to economic problems, and harm several charities in the United States. If 68% of American adults favor keeping the penny, then why abolish it? Plus, another

When talking about the penny there are two very distinct separate sides, one that says to get rid of the penny and one that says to keep it. People arguing to get rid of the penny say that it costs to much to make and we would be better off without it. While people rooting for the penny say that doing away with it would cause tons of problems with rounding. Personally I think that we as a county need to abolish the penny and I will show you why. One reason to abolish the penny is that we will get a

Getting rid of the Penny is a good idea “Should we abolish the penny?”, is a question that a lot of people have ask. I think that we should abolish the penny, because it is costing the US more to make the penny than it is even worth. Every year the U.S. Treasury produces 12 to 14 billion pennies at a cost of $90 million. If we abolished the penny, instead of paying $39.99, we could round it up to $40.00, or round it down to the nearest nickel, and make it $39.95. The penny is not worth as much as

In our world today what can we buy with a penny coin? The answer is nothing. There are many controversial arguments about keeping or getting rid of the penny. I think eliminating this coin can be a positive thing. If we abolish the penny, the United States would be saving time, money, and resources. In Forbes magazine, Neena Moorjani said “It’s practically useless in everyday life” (Lewis). Most people today fling their pennies into the trash, they drop out of circulation, or in couch cushions where

The Penny the name of a coin familiar to all of us. Throughout time every day,week,month, and year, it's getting too bothersome and old for each and every one of us. This worthless piece of copper is only worth one cent. People can't get much with pennies nowadays, they are either throwing them out or just have alternatives like electronic cards or larger cash amounts in their wallet. Nobody needs needs this coin creating any more issues than what its making already. We can abolish these pennies and

Pennies are one of America's oldest treasures, but what is ironic about this specific treasure, is that it has no wealth. America’s classic coin the penny, is beginning to prove to be a second-rate coin when it comes to its use. And though many already cherish the coin for its history, the penny proves to be completely counterproductive in today’s society. After debating of whether or not the penny should be extinguished, there is no doubt that the penny is worthless, easily replaceable, and a waste

should disband the penny as a currency of the United States of America. The nation will benefit quite substantially from this act. We need to follow suit with the other developed nations of the world. Removing the penny from our economy will save us countless dollars and resolve the inconveniences that the penny conceives. We need to do anything possible to help make the United States one step closer to the greatness that it once achieved. The primary reason to abolish the penny is cost. It costs

The penny is way too established into the american lifestyle to eliminate it from the american society. The removal of the penny would attract too much unnecessary effort that won't benefit, but harm the economy and the people. Source E shows a majority of 2,136 people surveyed voting to keep the penny. 59% vote in opposition of abolishing the penny. Abolishing it is basically impractical. “Up until 1982, pennies were made mostly of copper; since then they have been 97.5% zinc” (Lewis). Since the

Toussaint The United States should not abolish the penny. One of the examples of why the United States shouldn’t abolish the penny is if the federal reserve changed the material the penny is made out of the cost of material will decrease. Secondly, the United States shouldn’t abolished the penny because the tax on items would increase and force people into a situation where they don’t know what items cost. Lastly, if the United States abolished the penny americans would be forced to use the nickel

increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint, and should be abolished. The penny costs 1.4 cents to manufacture each time at the mint