After We Get Rid Of The Dollar Bill, We Should Move On To The Penny And Nickel Next


Replacing dollar bills with dollar coins is an obnoxious idea, if only because coins don’t work well in most wallets. Yet, this would seem to be a strong argument in favor of the practice.

Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.

When you’re broke, it doesn’t make a lot of sense to waste 4.4 billion dollars on a minor preference. However, if you really want to see some news about our coins that will make your eyebrows raise, take a look at this.

Rep. Steve Stivers, R-Ohio, said a penny costs more than 2 cents to make and a nickel costs more than 11 cents to make. Moving to multiplated steel for coins would save the government nearly $200 million a year, he said.

Imagine the stupidity required to produce coinage that costs twice as much to make as it’s worth spread across every level of government and it’s easy to see why the country is such a wreck.

Related Articles

21

Obama’s Labor Dept: If You Let Girl Scouts Sell Cookies, You HAVE to Let Unions Come in Too

Everyone loves Girl Scout cookies, right? What could be more American? It’s a right of passage for many young girls

36

Hartford City Council to Start Meeting With Islamic Prayer

In a move sure to see some controversy, the city council of Hartford, Connecticut has decided to start off its

71

‘Educators’ Conference To Get You Racist White’s Minds Right Coming Soon

Alright you evil, rotten, racist, white oppressors, it’s time once again for the “White Privilege Conference,” this year to be

comments

Share This

Share this post with your friends!