This is historical material “frozen in time”. The website is no longer updated and links to external websites and some internal pages may not work.

not discontinue the penny.

Created by A.L. on May 21, 2015

Please do not discontinue the penny because of how important it is. The penny is an important part of our nation's history because it was the first federally minted coin. It was also a memory of Abraham Lincoln. Removing the penny would instead make the government lose even more money because nickels cost a lot to make. Removing the penny would also affect the market a lot. Prices would be rounded up to multiples of 5, causing prices to increase. Prices increase would also mean trouble to people who don't have that much money, which make up more than half of our nation's population. The quote that helped with parenting "A penny saved is a penny earned" would also disappear because of pennies going extinct if pennies were discontinued.

Economy & Jobs
Return to top