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In reply to the discussion: Trump's claimed justification for ending the penny makes no sense at all [View all]Deminpenn
(17,253 posts)23. During WWII, pennies were made out of steel
I guess no one brought up the idea of going back to steel. Think about all the American industries Trump claims to love returning to steel would help, steel producers, steel recyclers, coal companies, iron producers. Win-win!
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Trump's claimed justification for ending the penny makes no sense at all [View all]
jmowreader
Yesterday
OP
I haven't heard one issue he's tackling make any sense or justification for his decisions..the penny
Deuxcents
Yesterday
#3
Other countries think this through and do planned phase-outs rather than just act on impulse.
Eugene
Yesterday
#8
On top of that, if cost relative to value was the real issue, nickels should be discontinued first.
Wiz Imp
Yesterday
#6
The volume of nickels shouldn't need to increase if the penny is discontinued.
eggplant
Yesterday
#17
Locally, Giant Eagle grocery stores offered $1 in gift cards for every 50 penny roll
Deminpenn
Yesterday
#27
Krugman says the penny is no longer relevant. It is obsolete. We should also start minting one-dollar and two-dollar
Martin68
Yesterday
#9
In Canada our vending machines take $1 and $2 coins. Most adults use their debit or credit cards on the machines.
Bev54
23 hrs ago
#32
Exactly. I used to spend every summer in Ontario, and I thought one and two dollar coins were great.
Martin68
8 hrs ago
#47
That's like a blacksmith saying "we don't have horseshoes for automobiles. Let's stick with horses."
Martin68
8 hrs ago
#46
It is an issue when you're dealing with a moron that can only focus on one thought at a time. Trump is really
flashman13
Yesterday
#10
much hue and cry in advocacy - for a token that consumers in large part refuse to use
stopdiggin
Yesterday
#15
Yeah, they can blame/give credit to trump if they like, but it's been in the works for a while...nt
Wounded Bear
Yesterday
#22
If a penny costs 3.69 cents to make, but a dollar only costs 4.1 cents to make*, then the face value argument...
Ol Janx Spirit
Yesterday
#24
Even if so, the thing to do is to make 2-cent coins that look almost like cents (not pennies -- there is no US penny).
eppur_se_muova
Yesterday
#25