walked past a penny on the ground or carelessly dropped it on the floor and not picked it up‚ thinking that a penny is not worth your time. The Canadian mint produces nearly one billion pennies a year and sets them off for circulation where most of them will spend their time on the streets or collected in jars. The Royal Canadian Mint says it costs only 0.7 cents to make a penny but if you factor in other costs such as shipping the pennies to banks then it could add up to 4 cents per penny. Surely we
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Abolish the Penny Between 2001 and 2006‚ there has been an increase of .6 cents for the reproduction of the penny. This increase displays economic problems that may lead to fatal ones. The penny is composed of 2% copper and 98% zinc. These elements are exponentially in demand causing the price of these materials to skyrocket. Many Americans think the penny is putting our country in jeopardy with financial losses. This meaningless coin is losing money for the mint‚ and should be abolished.
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Abolishing the Penny: The biggest questions now days are‚” Should the penny really be abolished and why is the penny still in route like its ten or five cents?” It’s been our smallest-denomination coin for 150 years. But if people are leaving pennies at the cash register‚ is it time to get rid of them? In this essay I am going to argue why we should keep the penny and why people think the penny should stay in route with the rest of the coins. Also why or why not we should keep the penny and if we
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the past. If you take a look at a penny‚ most people will see our sixteenth president‚ and some will just see a cooper mixed zinc coin that is worth one cent. However‚ what most people don’t realize is that this penny shows the history of how our nation came to be and how we strive in still remembering our traditions. Although some people find the penny a useless and an immaterial piece of the coin‚ people should treat a penny like a regular dime or nickel. The penny has important historical information
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William Safire: Abolish the Penny William Safire writes a fine argumentative piece on why America no longer has any need for a bothersome coin of copper that “costs more in employee-hours‚” than it is actually worth. Safire uses compelling evidence and real life scenarios to convince his audience that we need to rid our lives of this‚ “outdated‚ almost worthless‚ bothersome and wasteful penny.” If the reader is able to read between the lines and use some analytical processes‚ they will come to
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Response to William Safire’s “Abolish the Penny” The saying “A penny for your thoughts” means a lot to society; however‚ William Safire does not agree with this notion. In Safire’s “Abolish the Penny‚” he argues that pennies are a burden to the society and should be completely taken out of the circulation. Safire states‚ “The time has come to abolish the outdated‚ almost worthless‚ bothersome‚ and wasteful penny” (515). He says that the penny is a scam by the government that makes something look
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Should We Abolish the Penny? The standard Abraham Lincoln penny has been around for almost one hundred years. It was created in 1909‚ because that year was the centennial (hundred year anniversary) of Lincoln ’s birth. People have many opinions about the penny both good and bad; however‚ the notion of not needing it is true and justifiable. What follows are‚ statistics‚ evidence‚ and results of a survey to support this claim. The penny is known for its copper features‚ and being worth a
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April 10‚ 2013 The Penny The use of pennies is steadily declining. Most people don’t even keep track of the amount of coins they have‚ so it’s more than likely that they’ll think it’s useless‚ and dispose of it. People would throw away the pennies they have‚ without a second glance. Bit if we all save up our loose change‚ there’s a chance we’d be able to save up to hundreds‚ or possibly even millions of pennies. Pennies are valuable to some people‚ for example‚ coin manufactures (Source
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pockets or purses for a few pennies? All they have is just unwanted weight to their pockets and purses. Few people now a days still bend down to pick up a penny off the sidewalk. Whether its the superstions of “luck” or just another penny to add into their collection. Only traditions explain our stubborn attachment to our pennies. However‚ pennies should not be abolished‚ they are beneficial to us in every days life. For example‚ people who have thousands of pennies saved up from over the years
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A Penny Saved Is Two Pennies Wasted The United States of America‚ despite its relatively short life‚ is immersed in tradition. While some of these traditions are well-known and apparent‚ others are less obvious. The penny‚ our little copper one-cent piece littering change jars from coast to coast‚ is a tradition that‚ while seemingly harmless‚ is a great burden to our country. Due to the lost profits in the creation of today’s one-cent piece and using the models of previous successful countries
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