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

0

Eating Their Own: Union Wants to Unionize Extremist, Left-Wing Media Matters, Website Owners Furious

Started in 2004, the left-wing propaganda website Media Matters for America has been spreading lies about Republicans and conservatives for

0

Taxpayers Forced to Finance Frivolous Idiocy Through NIH Grants

Once we have granted bureaucrats the power to spend our money on whatever they want, there is no limit to

75

What’s the Difference Between a Conservative and a Liberal?

People often wonder what is the difference between a conservative and a liberal. The simple fact of the matter is