Eliminating the penny could be a good idea. Maybe it's another constitutionally questionable executive order that Congress should have done instead.
Canada has already eliminated the penny, made less useful due to inflation; such as housing prices. The dollar has become the new dime and both countries do still have the nickle.
Canada could be more nimble than giant USA so Canadians were able to do this years ago. I can see why some of the Trump supporters have been frustrated by the the difficulty of making any big changes in this country. There is lots of inertia in the way things are done.
We may be joining Canada in saying goodby to the penny.
I'd guess that some people still want to keep the penny, however.
Many transactions are now done electronically with no need for coins. I think, in Canada, 1 cent can still be used in electronic transactions.
Dealing with lots of coins becomes more of a burden than they are worth. It costs more to mint the penny than it's value in one transaction; though a coin is used over and over again for many transactions.
I often bring extra coins to a machine, such as Coinstar, to turn the coins into easier to use currency. It's worth it, for me, to pay a small service fee for that service.
Years ago, I remember paying for $6 in postage with a bunch of dimes that I had laying around. The person at the post office said, "here are your stamps and now we just have to count out sixty of these little buggers." In pennies, it would have been 600.
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