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Home » Discuss » Archives » General Discussion (01/01/06 through 01/22/2007) |
Philosoraptor (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:33 AM Original message |
How would it affect the economy if we eliminated the penny? |
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HereSince1628 (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:36 AM Response to Original message |
1. We'd learn to live with a new 50 cent piece. |
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Benhurst (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:14 AM Response to Reply #1 |
24. More likely, we'd learn to live with a Dollar coin, and the one Dollar |
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xultar (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:38 AM Response to Original message |
2. It is all about business. If you're buying 20,000 things that cost 19.99 |
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Bill McBlueState (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:52 AM Response to Reply #2 |
16. they already round gas |
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Deja Q (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:38 AM Response to Original message |
3. It costs $0.0124 or somoething to make one penny... |
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Bill McBlueState (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:47 AM Response to Reply #3 |
12. I like that idea, actually |
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MadHound (1000+ posts) Send PM | Profile | Ignore | Mon Jul-24-06 05:34 AM Response to Reply #3 |
48. Going cash based is foolish |
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acmejack (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:39 AM Response to Original message |
4. Save money since it costs1.4 cents to make a penny |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:39 AM Response to Original message |
5. None What So Ever - Stop Confusing Economy With Finance nt |
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Philosoraptor (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:42 AM Response to Reply #5 |
9. Stop making Cents! |
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W_HAMILTON (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:40 AM Response to Original message |
6. It would follow the same rules of rounding off |
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Warpy (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:41 AM Response to Original message |
7. WE would lose billions |
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Ravy (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 11:29 AM Response to Reply #7 |
41. Self delete- posted wrong place |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:42 AM Response to Original message |
8. No more $5.99 Specials at Denny's. We'd all starve! |
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RC (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:27 AM Response to Reply #8 |
30. Heart attack on a plate |
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leveymg (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:40 AM Response to Reply #30 |
32. Think of what we'd save in health care costs. |
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TheCowsCameHome (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 10:02 AM Response to Reply #8 |
37. So leave a total of $6 for the meal and tip like a republican |
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Frustratedlady (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:45 AM Response to Original message |
10. Isn't there something more important to spend valuable time debating? |
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Philosoraptor (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:47 AM Response to Reply #10 |
11. Sure. A penny for your thoughts. |
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TheCowsCameHome (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:59 AM Response to Reply #11 |
36. Now that makes cents.................... |
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rzemanfl (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:50 AM Response to Original message |
13. Pennies add up, years ago some computer person figured out |
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blogslut (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:58 AM Response to Reply #13 |
20. Wasn't that Superman III? |
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cornermouse (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:51 AM Response to Original message |
14. Instant inflation, more or less. Of course, it won't be announced... |
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abluelady (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:51 AM Response to Original message |
15. In My Community We Have Wishing Wells |
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Bill McBlueState (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:54 AM Response to Reply #15 |
18. USA Today ran an article about the penny |
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abluelady (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:20 AM Response to Reply #18 |
26. Exactly. n/t |
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ayeshahaqqiqa (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:52 AM Response to Original message |
17. Taxes will be raised |
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Massacure (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 08:58 AM Response to Original message |
19. Why don't they just make money worth more? |
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ThomWV (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:00 AM Response to Reply #19 |
21. Because They're Too Busy Making It Worth Less |
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Bill McBlueState (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:01 AM Response to Original message |
22. In the UK, this has been done, in practice |
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Recursion (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:44 AM Response to Reply #22 |
33. US businesses *shouldn't* be adding tax to list price |
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pooja (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:01 AM Response to Original message |
23. if you eliminate the penny, you would need to come up with a |
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Skink (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:15 AM Response to Reply #23 |
25. The solution is to put Reagan on the penny. |
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Tenseiga (100 posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:23 AM Response to Original message |
27. they take up space, they use up resources, |
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newyawker99 (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 11:04 AM Response to Reply #27 |
40. Hi Tenseiga!! |
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sam sarrha (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:24 AM Response to Original message |
28. they want the zink so they can sell it to China.. |
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sam sarrha (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:36 AM Response to Reply #28 |
31. in west africa they had aluminum coins for the beggar economy, they gave |
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rooboy (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:27 AM Response to Original message |
29. In Australia, our lowest denominated coin is 5 cents. |
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Bill McBlueState (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:54 AM Response to Reply #29 |
34. but as usual |
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TheCowsCameHome (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 09:59 AM Response to Original message |
35. The penny is useless and a nuisance. It's time to go. |
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lonestarnot (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 10:03 AM Response to Original message |
38. Well I won't be able to put in my 2 cents! It will either be diminished |
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Buzz Clik (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 10:07 AM Response to Original message |
39. The sale of penny jars would plummet. Economic disaster. |
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Ravy (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 11:30 AM Response to Original message |
42. About those plastic 1/10 cent coins... |
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Philosoraptor (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 12:04 PM Response to Reply #42 |
44. Right, MILLS. |
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Bluerthanblue (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 11:56 AM Response to Original message |
43. eliminating the penny is like eliminating the 'little guy'- |
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no_hypocrisy (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 12:27 PM Response to Original message |
45. It would inevitably raise the sale tax as you would no longer be able |
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Blue-Jay (1000+ posts) Send PM | Profile | Ignore | Sun Jul-23-06 12:31 PM Response to Original message |
46. Why do we need to make new pennies? |
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lindisfarne (1000+ posts) Send PM | Profile | Ignore | Mon Jul-24-06 04:51 AM Response to Original message |
47. It would probably help; money saved from kids not swallowing pennies |
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