To make 1 cent, it costs 1.83 cents as of 2014. This is a significant cost to the U.S. government, and as a result, to the U.S. taxpayers. In the past year alone, the cost of the penny and nickel have resulted in two times the loss in production costs between 2009 to 2010.
We the people feel we can live rounding to the nearest tenth cent. This is long overdue. One of hundreds of steps we can take as a nation to fix the economy by making intelligent choices.