Argumentative Essay: The Banning Of The Penny
Have you ever skipped on the offer of picking up a penny off the floor? Well you made a great choice. For the past couple years there has been a huge debate over the ban of pennies. Some people feel as if the penny is useless to our currency, but some others felt that the penny plays a huge role in the U.S today. The argument today is whether the ban of pennies is going to boost our economy or plummet it. The penny should be eliminated because of the cost, worth, and rounding system. The penny to me has never been a huge contributor or factor. The ban of pennies wouldn't affect me as much as it does now. First off, the reason I think the penny should be ban is because of its cost. As of today the penny costs 1.7 cents to make.
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The worth of a penny is so miniscule in today's world. ‘’We often store them in jars, throw them away in water fountains, or refuse them as change’’ according to source #1. ‘’They are worth so little that Canadians don't bother to use them at all’’ according to source #1. America's economy is to vast to have the penny taking up a proportion of the cost.
Another strong argument that can be brought up is that the ban of pennies would lead to the ‘’rounding system’’. The rounding system, for example, is if a lunch bill comes out to $9.06, it would be rounded down to $9.05, according to source #2. Recently foreign military bases have been using this method, and its been working great for them. Once the rounding system is implemented Americans would be saving millions a year.
Don't get me wrong this isn’t a one sided argument. There are counter arguments that can contest my claim such as, charity. Recently, ‘’Washington Middle School hosted its annual Penny Drive for charity. Students from every grade brought in bags and jars of pennies, and, with everyone’s assistance, they raised over 3000 dollars in one week.’’ according to source #3 Over the last couple years pennies were a huge contributor to charities for many different causes. If we choose to ban the penny we will give the hopes up of many children and adults dealing with serious situations. Everyone today has a penny to spare, but not everyone has a
The worth of a penny is so miniscule in today's world. ‘’We often store them in jars, throw them away in water fountains, or refuse them as change’’ according to source #1. ‘’They are worth so little that Canadians don't bother to use them at all’’ according to source #1. America's economy is to vast to have the penny taking up a proportion of the cost.
Another strong argument that can be brought up is that the ban of pennies would lead to the ‘’rounding system’’. The rounding system, for example, is if a lunch bill comes out to $9.06, it would be rounded down to $9.05, according to source #2. Recently foreign military bases have been using this method, and its been working great for them. Once the rounding system is implemented Americans would be saving millions a year.
Don't get me wrong this isn’t a one sided argument. There are counter arguments that can contest my claim such as, charity. Recently, ‘’Washington Middle School hosted its annual Penny Drive for charity. Students from every grade brought in bags and jars of pennies, and, with everyone’s assistance, they raised over 3000 dollars in one week.’’ according to source #3 Over the last couple years pennies were a huge contributor to charities for many different causes. If we choose to ban the penny we will give the hopes up of many children and adults dealing with serious situations. Everyone today has a penny to spare, but not everyone has a