The U.S. should stop the production of pennies.
Debate Rounds (3)
In conclusion, I believe penny production should be cut because:
a. They are practically worthless
b. They are losing value
c. Waste of time and space
d. Cost more to produce then they are worth
f. They cause money loss for citizens too
Greatly reducing the amount manufactured has quite different outcomes as retiring a form of currency. With the reduction they will still be in use and all of our old pennies (literally billions of dollars worth) and not make them obsolete like they would be if the penny was retired.
In rebuttal to your conclusion:
a. They still do have a use however (keep costs at more of an exact number)
b. Which is why we re-create the penny out of new materials. New materials = new value if done correctly
c. Not necessarily, they are used in almost every single purchase we make.
d. Like I've already stated, make them out of cheaper more abundant materials
e. Another thing you never gave me a response to my response about... Find a less toxic material that can be used in the creation of a new penny
f. Whatever money they are taking from us for pennies they could easily put into something else like the salary for those in government. I guarantee that if they cease production of pennies that they will not take less money from us, they will just find a new place to waste it.
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