Talk of The Villages Florida - View Single Post - Should the US stop using the penny?
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Old 11-27-2013, 09:23 AM
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Quote:
Originally Posted by renrod View Post
The penny is a perfect example of how dysfunctional the Government is. It costs .016 to manufacture the penny. Congress should do something productive, and have them made of plastic. NOT in favor of elimination.
Why are you not in favor of eliminating the penny? Any purchase can be rounded up or down, and the net to the business or customer would be neutral over time.

In the article linked by Taltarzac725, it states that it costs the US 2.4 cents to produce a penny.