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Trump is dumping the penny

Trump is dumping the penny

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About time.
https://www.yahoo.com/news/trump-says-directed-treasury-stop-024608475.html

1 edit
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@Cliff-Mashburn
Jim Kolbe suggested this in 2006

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@Ponderable said
@Cliff-Mashburn
Jim Kolbe suggested this in 2006
Getting rid of the penny goes back a lot farther than that, I think it was suggested in the 1980's or earlier.

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The nickel should be next. Just round off to the nearest dime.

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@Cliff-Mashburn said
About time.
https://www.yahoo.com/news/trump-says-directed-treasury-stop-024608475.html
Looks like another clear violation of the separation of powers; Congress is given explicit authority over the minting of coins in the Constitution and no law grants the President unilateral power to stop producing any coin.https://www.fastcompany.com/91275624/penny-going-away-discontinued-trump-treasury-to-stop-minting-coins

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@sh76 said
The nickel should be next. Just round off to the nearest dime.
It has been shown that if you take $2.2T off TODAY, we would have the budget right now of 2020.

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The US likes to dump currency. The $2 & $5 bills come to mind.🤔

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@Great-Big-Stees

When I first got to England, they still had half-pennies in circulation. Banks ignored them, of course, and you couldn't actually buy anything with one. Go figure.

😀

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@moonbus said
@Great-Big-Stees

When I first got to England, they still had half-pennies in circulation. Banks ignored them, of course, and you couldn't actually buy anything with one. Go figure.

😀
Here in Canada, if you pay cash for things they round up or down.👍

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The post that was quoted here has been removed
👍

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@Cliff-Mashburn said
About time.
https://www.yahoo.com/news/trump-says-directed-treasury-stop-024608475.html
Logic and Common Sense

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whoa....what, no left wing/right wing vitrile? Agreement? are you kidding me?

Geez, could this be the start of finding a middle way. Something you all can agree on?

That's gotta be a first in years for this rhp site.