Not only does the US have no plans to do away with the penny -- unlike Canada -- but it costs us even more to make them: 2.4 cents per penny.We also lose 6 cents per nickel.
Eliminating or modifying the US penny would apparently upset zinc miners and vending machine manufacturers. Since the US now exists almost entirely to serve corporate interests, we certainly can't do that.
"Since the US now exists almost entirely to serve corporate interests, we certainly can't do that."
ReplyDeleteSo how did you feel about the auto industry bailout? Was that corporate interest or UAW?