After We Get Rid Of The Dollar Bill, We Should Move On To The Penny And Nickel Next


Replacing dollar bills with dollar coins is an obnoxious idea, if only because coins don’t work well in most wallets. Yet, this would seem to be a strong argument in favor of the practice.

Congressional auditors say doing away with dollar bills entirely and replacing them with dollar coins could save taxpayers some $4.4 billion over the next 30 years.

When you’re broke, it doesn’t make a lot of sense to waste 4.4 billion dollars on a minor preference. However, if you really want to see some news about our coins that will make your eyebrows raise, take a look at this.

Rep. Steve Stivers, R-Ohio, said a penny costs more than 2 cents to make and a nickel costs more than 11 cents to make. Moving to multiplated steel for coins would save the government nearly $200 million a year, he said.

Imagine the stupidity required to produce coinage that costs twice as much to make as it’s worth spread across every level of government and it’s easy to see why the country is such a wreck.

Related Articles

1

The NRCC Asks What do YOU Want to Tell Nancy Pelosi

Now you have the chance to give San Fran Lib Nancy Pelosi a message — you know, the former Speaker

0

Colorado Dem Senators Get Recalled, PPP Polling Throws Out Own Poll Foreshadowing Results

Today we have a great example of a polling firm allowing its political ideology to get in the way of

6

Food Stamps Are Not Welfare

With the help of the statist media, Big Government is making progress in its drive to corrode our culture to