Tuesday, June 16, 2015

Don't mess with the penny lobby

It costs 2.4 cents to make each penny. That might be OK if the diminutive coins were useful, but for the most part, they’re not. It also costs more than a nickel to make a nickel, but there’s no movement to discontinue that coin. When pennies aren’t taking up space on people’s dressers, they’re often thrown away as garbage. “Picking up a penny from a sidewalk and putting it in your pocket pays less than the Federal minimum wage, if you take more than 4.9 seconds to do it,”

1 comment:

bob said...

A penny saved is a penny earned