The Penny Debate Analysis

As illustrated, by Maria Story “ The one-cent piece, commonly referred to as the “penny” has been apart of United States history for over two-hundred years” (Story). As can be seen, the American penny has been around for centuries. Who’s to say that phasing out this coin won't affect America? To dig even deeper, Story describes how the penny has affected the U.S. “ The history of the penny reveals more than just a coin-it exposes a piece of American culture. The one-cent piece has influenced our languages…” (Story). As noted, the penny has not only shaped America's culture, but the language too. Taking away the penny will tear a piece of American identity. To conclude, the penny should remain a part of U.S. economy because of its influence in American language and culture.

The penny debate has been going on for many years. Many people want to get rid of the penny, but others want to keep the penny. We should keep the penny. The penny is a benefit in our society.

In Barbara Ehrenreich's book "Nickel and Dimed: On (Not) Getting by In America" we read about a middle aged journalist undertaking a social experiment of the greatest magnitude. The journalist is Ehrenreich herself and the experiment was to find out how a woman, recently removed from welfare, due to policy reform, would make it on a six or seven dollar an hour wage. The experiment itself started out as just a question in the middle of lunch with one of Ehrenreich's editors, it soon turned into a job assignment. Before starting the experiment, Ehrenreich laid out some ground rules for her to follow during the duration of the assignment. First she could never use

The penny must be eliminated as quickly as possible. The United States is in massive debt and instead of cutting programs which are vital to the economy and to citizens of the United States, the United States must find ways to cut expenses in parts that are often over looked. One great way to cut down on unnecessary spending is the penny. Believe it or not, the penny, the smallest denomination of currency in the United States is a huge waste of money. The one cent denomination has no use. You can no longer “buy anything with a penny” anymore. (William) The only use the penny has is to pay for the taxes, which, can be rounded off to the nearest nickel thus obliterating the need for a penny.

Finally a fourth reason why the penny should be abolished is because its production cost exceeds its face value. The U.S. Mint is losing money, as it costs 1.5 cents to manufacture a one cent penny. This results in the U.S. Mint losing millions of dollars per year. For example, in 2016, the U.S. Mint lost $46 million dollars by producing pennies. This makes no sense logically. Why would you manufacture a product that you can not make a profit

Should we keep the penny? The US has been considering abolishing the penny we should keep the penny because of the History and it's valuable to charities and sentimental value

The pennies production cost is worth more than the penny itself, It would cost less to just eliminate the penny completely. Pennies cost everybody money, including taxpayers. Even though production costs are slightly lower today, the penny still costs the United States over 1.8 cents to produce and costs 60.2 million in the year of 2011 (source 1). The 60.2 million dollars that's used for a coin a year can be used for better things in the world, like charities. Pennies are worth so little, but costs so much. We would be saving a lot of money by not producing pennies at all. Pennies will still be around, but no longer minted. The production cost of a penny adds up to a lot of money a year basically wasted.

Pennies should not be made anymore. The penny costs more to make then they are worth. It’s not worth carrying around, it’s to bulky. The penny could round prices down.

The United States should get rid of the penny because it is people are not using them, cost too much, and other countries have already dropped the penny. The United States should get rid of the penny because we never use it, it cost to much to make and other countries have already dropped their penny. So if the United States gets rid of the penny it might affect the price in a increase but it also might affect them in a decrease so no matter what over this topic the world will not end and we will be

The Penny is essentially a vital part of our money system. There has been many speculation about whether or not the United States should abolish the penny from being minted any longer. Although the penny has been a part of the American culture since 1787, it has such a small value, it will always be a part of American history. So as the years go on we should realize that the penny is everything to the United States. The penny should not be eliminated from the money system due to the fact that it is a part of the American culture and has earned its respect over the years.

The U.S. penny has been a standard in our currency system for almost as long as our country has existed as a sovereign nation, but due to inflation, production costs, and the changing times we live in, it is no longer a sustainable unit of currency and only serves to increase our national deficit and waste our time. When the penny was produced for the first time in 1792 by the U.S. Mint, it was made of pure copper, featured a woman with flowing hair, and was inscribed with the words “Liberty”. Since then, the design and composition have changed numerous times to reflect our changing nation. Despite its fading glory, the penny has been kept alive by numerous false lobbying fronts and a stubborn ideology, but

There are many more reasons as to why the penny should be kept, such as the fact that it is a reminder of Lincoln’s history in the U.S., but why expand on all of those when it is already obvious the penny should be kept in circulation. Yes, perhaps the penny can be seen as worthless and a waste of currency, but it holds a lot of worth when you add up that it is liked by the public, that it aids in providing jobs, and added with other pennies, it really can be worth a lot. Besides, how could America give up their lucky penny? It’s lucky for a

The penny should be eliminated because it cost about 2 cents to makes. That’s double its value. The penny may cost more to make then it is worth but the nickel does too. So if we are only banning the penny for how much it cost to make then we should ban the nickel too. The penny has already been eliminated in Australia, New Zealand, Brazil, Finland, the Netherlands, Norway, Sweden, Switzerland, and Britain (Sommer). So we should eliminate them too. If we eliminate them we could damage our economy. Those countries don’t have the same economy as we do. So it may work for them but not necessarily for us. Pennies don’t help us in any way. They are useless and a waste of space. Pennies actually do help. People don't mind donating pennies since they are so low in value. The kids at WMS raised over 3,000 dollars in pennies (Waterhouse). So some may say pennies are worthless but they really aren’t.

The penny is practically worthless to many people in our country. In a Gallup Poll of 1,002 adults conducted from June 11 of this year displayed shocking results. Nearly 75% of those adults would stop and pick a penny that is present on the ground. About 40% of men and 35% of women would walk passed a penny that is on any type of surface. This poll also found that 58 percent of Americans stash their pennies in piggy banks, jars and drawers. Some Americans redeem their cents at banks or coin-counting machines, but 2 percent admitted they toss them into the trash. They consider the penny a nuisance to many fellow Americans. This sentiment has been growing through recent years. The penny is basically obsolete and should be removed from American currency.

There has been a debate on whether we should get rid of the penny. Some people think we should keep it, and some people think we should get rid of the penny. The United States is not sure what to do. Do you think we should keep the penny, or get rid of it?