The Penny

[cj's dad]

The days of the 1c piece may soon be over. The cost of making a penny has been placed at .015 cents.

I have long advocated for the elimination of the penny for numerous reasons, primarily that it serves no purpose. The primary current use of the penny is at the cash register. So, we adopt the round up/down system. If your total is 1 or 2 cents you are rounded down to zero; if 3-4 you pay 5 cents. Done.

BTW- Ireland did similar years ago with the half penny followed by the penny.

[tucker6]

seems like a no-brainer, so can someone tell us why this solution is so hard to enact. Hell, we close military bases on occasion to the great detriment of towns and soldiers across America, but we can't find the strength to let go of a stinkin' penny. Why?

[HoofedInTheChest]

We got rid of our penny in 2013, much like what you have mentioned, everything is rounded off to the nearest nickel. Whenever i get gas i purposely over pump by 2 cents, and then proceed to get "the look" from the cashier when i hand him the cash. It has it's pros and cons.

[cj's dad]

We got rid of our penny in 2013, much like what you have mentioned, everything is rounded off to the nearest nickel. Whenever i get gas i purposely over pump by 2 cents, and then proceed to get "the look" from the cashier when i hand him the cash. It has it's pros and cons.

Now that's funny !

[HoofedInTheChest]

Now that's funny !
I have a hard time not laughing when i do this, i have no sympathy for the oil companies.

Happy belated birthday by the way.

[Tom]

MY two cents on this.......oh, never mind.

[cj's dad]

I have a hard time not laughing when i do this, i have no sympathy for the oil companies.

Happy belated birthday by the way.

Thanks

[Rookies]

Amazing how quickly old cashiers adopted. Or actually, maybe not.

The Millennials or younger, on the other hand, would have to take out their cell phones to figure out whether 2 means 0 and 3/4 means 5! ;)

[cj's dad]

Amazing how quickly old cashiers adopted. Or actually, maybe not.

The Millennials or younger, on the other hand, would have to take out their cell phones to figure out whether 2 means 0 and 3/4 means 5! ;)

If you really think about it why do you think that the fast food chains went to automatic change dispensers many years ago. It had zero to do with the old folks but everything to do with the piss poor education many of the young folks were getting in high school.

[tucker6]

I was paying a $1.96 tab at a grocery store some time ago and had a high school kid cashier. I handed him $2.01, and for the life of him, he couldn't figure it out. He was stumped. My wife and I finally told him after about ten seconds that he owed us a nickel.

[Stillriledup]

So if my ten cent superfecta pays 8.01 they're going to steal ANOTHER penny ?

:bang:

[Tom]

I was paying a $1.96 tab at a grocery store some time ago and had a high school kid cashier. I handed him $2.01, and for the life of him, he couldn't figure it out. He was stumped. My wife and I finally told him after about ten seconds that he owed us a nickel.

He probably thought you were bad tipper! :lol:

[cj]

When I was in Europe pennies were only used on the base, not in the local towns. They rounded and it was fine.

[ThinkingAlways]

The days of the 1c piece may soon be over. The cost of making a penny has been placed at .015 cents.



I think you mean it costs 1.5 cents to make a penny ($0.015).

[cj's dad]

I think you mean it costs 1.5 cents to make a penny ($0.015).

Not to get into a pissing match but $0.015 in the decimal system is in fact 1 and 1/2 cents. To explain further this is $1.00 (dollar). This is $1.01, one dollar and one cent. This, $1.015 would be One dollar and one and one half cents. Minus the $1, one and one half cents would be represented as $0.015.

You're welcome.

[Actor]

One hundred years ago the penny had the same purchasing power that a quarter has today. They did OK. So let's just get rid of the penny, the nickel and the dime. This will save consumers money because what now costs $9.95 will be repriced at $9.75. No way will merchants round up to $10.00. Plus the government will be saved the expense of minting all those coins. We could start printing 25 cent bills. :cool:

[_______]

Not to get into a pissing match but $0.015 in the decimal system is in fact 1 and 1/2 cents. To explain further this is $1.00 (dollar). This is $1.01, one dollar and one cent. This, $1.015 would be One dollar and one and one half cents. Minus the $1, one and one half cents would be represented as $0.015.

You're welcome.

The way you stated it here is correct. But look at your original post.

.015 cents isn't the same as $0.015

.015 cents = $0.00015.

I'm sure you knew what you wanted to say in the original post but I read it the same way as ThinkingAlways.

[OntheRail]

Actor.. what about that pesky sales tax? 9.75 becomes 10.43

[therussmeister]

Sales tax should be included in the price. That way no rounding is necessary.

[cj's dad]

The way you stated it here is correct. But look at your original post.

.015 cents isn't the same as $0.015

.015 cents = $0.00015.

I'm sure you knew what you wanted to say in the original post but I read it the same way as ThinkingAlways.

Damn it ! This happens every time I give my proof reader the night off !

[jballscalls]

I was paying a $1.96 tab at a grocery store some time ago and had a high school kid cashier. I handed him $2.01, and for the life of him, he couldn't figure it out. He was stumped. My wife and I finally told him after about ten seconds that he owed us a nickel.

I had similar thing the other day. Ordered a sandwich and it was $6 and I gave the kid $11 so I could get a 5 back. he held the extra $1 for at least 10 seconds as his brain tried to process why I had given him that. Then he handed it back to me and said "you gave me too much".

[PhantomOnTour]

I had similar thing the other day. Ordered a sandwich and it was $6 and I gave the kid $11 so I could get a 5 back. he held the extra $1 for at least 10 seconds as his brain tried to process why I had given him that. Then he handed it back to me and said "you gave me too much".
I love to mess with folks like this...my bill is $16.38 and I give the guy $23.16 and watch his head spin. :lol:
Didn't anyone teach these kids that all you have to do is punch in the money you were given and the register will calculate the change for you???

You KNOW you're getting old when you openly fear the fact that "these kids are gonna run the country one day"

[MutuelClerk]

If it means the end of the dime super and some guy trying collect his two pennies on the end I'm all for it.

[barahona44]

I love to mess with folks like this...my bill is $16.38 and I give the guy $23.16 and watch his head spin. :lol:
Didn't anyone teach these kids that all you have to do is punch in the money you were given and the register will calculate the change for you???

You KNOW you're getting old when you openly fear the fact that "these kids are gonna run the country one day"
I have the feeling our parents were saying the exact same thing about us when we were young 'uns.

[cj's dad]

I have the feeling our parents were saying the exact same thing about us when we were young 'uns.

I know mine were !!

[johnhannibalsmith]

I had similar thing the other day. Ordered a sandwich and it was $6 and I gave the kid $11 so I could get a 5 back. he held the extra $1 for at least 10 seconds as his brain tried to process why I had given him that. Then he handed it back to me and said "you gave me too much".

This cracks me up. It's getting way too easy to baffle cashiers.

[Actor]

Actor.. what about that pesky sales tax? 9.75 becomes 10.43If you are doing business to the nearest quarter $9.75 becomes $10.50. Right now $9.95 becomes $10.67.

[TJDave]

There is no problem here. Even the pesky IRS allows one to round to the nearest dollar.