Do away with the penny?

Official TSP Center polls.

Moderator: Aitrus

Should the U.S. do away with the penny?

Yes
64
75%
No
21
25%
 
Total votes: 85

fishbone
Posts: 115
Joined: Wed Oct 21, 2009 11:19 am

Re: Do away with the penny?

Post by fishbone »

I bet I put more copper in wiring in a single building than a whole year worth of penny minting consumes. I think they are only made of 2% copper... it may be propping up the zinc market though :) ... and yeah unfortunately 118M might seem like a lot to us but it isn't... the war will blow through that in about an hour... 118M is about 3 thousandths of one percent of our yearly budget. They would probably spend ten times that doing a study on whether or not they should discontinue the penny.

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