When Will USA Scrap The Penny Like Canada Did?

Because the cent is worthless now. We cannot go back to a time where the cent actually mattered without major deflation.

We certainly need a sound monetary policy, but we would have to travel back thirty or forty years to save the cent.


Conder101's post on the previous page should have put this sort of conspiracy theory crap to rest.


Failure to accept the facts does not change the fact that the cent is dead.

I look forward to getting back my change... even when it's just one cent.
Great point.

Don't get me started on the minimum wage! LoL
Raising the minimum wage is a political payoff to unions!
EVERY SINGLE union contract in the US has a clause that gives the union
worker an additional raise outside the scheduled raises, in the amount
equal to or greater than the amount that the minimum wage is increased!
So you have x-amount of people that are actually making minimum wage,
getting a raise... and let's face it, those are mostly kids just entering
the workforce, a number FAR LESS than the number of all union workers..

Anyway, the real damage is from giving raises to those high paid union workers
that make up what's left of our manufacturing base, all of our government
employees, and the skilled laborers that build our infrastructure. People
never hear about that part! So, you give a raise to our kids and unmotivated
workers, in the name of helping the poor, but most of the raises go to people
making union packages of $40-$80 an hour! Since these union workers getting
the raises are doing the work imbedded in govt and infrastructure, NO ONE
can get around paying the increase, so who gets hurt the most? The poor.

Why not eliminate the cent/penny and then release a numismatic version of the same dimensions in gold every year, uncirculated, proof etc. - that would be affordable for pretty much everyone.

Right now it does NOT make any cents (no pun intended) whatsoever to continue to mint coins which' inherent metal value is greater than their denomination.
But it just shows how many ***(fill in the blank yourself) are in Congress and the HoR - otherwise they would have eliminated it by now like you in Canada. This country is so backward, it's almost like medieval Europe... Rant over! :)