Trump's claimed justification for ending the penny makes no sense at all

[Hugin]

38. Personally, I believe it goes back to a grudge against a dead guy.

In this case, John McCain. As always.

“In 2017, Senators John McCain (R-AZ) and Mike Enzi (R-WY) introduced S. 759, the Currency Optimization, Innovation, and National Savings (C.O.I.N.S.) Act of 2017, that would stop minting of the penny for 10 years and would study the question of whether production could cease thereafter. The bill died at the end of the 115th Congress with no hearings held by the Senate Committee on Banking, Housing, and Urban Affairs.”

More on this putting pennies before pounds saga: https://en.wikipedia.org/wiki/Penny_debate_in_the_United_States

It’s red meat for the MAGAts. The Democrats really need to focus on the important things. Pick one and stick with it. Like the war crime of summarily killing boats full of fishermen in international waters, stripping health care from millions of Americans, or even the Epstein Files.

He doesn’t even need to make money in reality. Someone merely has to convince him he is making money. Playing into one of his obsessions.