the penny

this is long overdue. there is no practical reason to continue making pennies. so why is the government still minting them? the zinc lobby (zinc replaced copper years ago), lincoln fanatics (the $5 bill isn’t good enough?), nostalgiacs (“i remember buying penny candy back when i was 5”), and idiots who think that efforts to abolish the penny are part of a conspiracy to increase prices (an equal number of cash transactions would be rounded up (3,4) as down (1,2)).

http://www.nytimes.com/2012/04/08/your-money/canada-drops-the-penny-but-will-the-us.html

http://www.nytimes.com/roomfordebate/2012/04/04/bringing-dollars-and-cents-into-this-century/please-finally-end-the-penny

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