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Old 04-21-2016, 05:43 AM   #1
cj's dad
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The Penny

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.
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Old 04-21-2016, 06:35 AM   #2
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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?
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Old 04-21-2016, 06:47 AM   #3
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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.
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Old 04-21-2016, 06:54 AM   #4
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Quote:
Originally Posted by 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.
Now that's funny !
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Old 04-21-2016, 07:02 AM   #5
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Quote:
Originally Posted by CurtisontheBay
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.
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Old 04-21-2016, 07:30 AM   #6
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MY two cents on this.......oh, never mind.
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Old 04-21-2016, 08:00 AM   #7
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Quote:
Originally Posted by HoofedInTheChest
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
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Old 04-21-2016, 09:33 AM   #8
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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!
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Old 04-21-2016, 11:11 AM   #9
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Originally Posted by 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!
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.
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Old 04-21-2016, 12:20 PM   #10
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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.
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Old 04-21-2016, 12:25 PM   #11
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So if my ten cent superfecta pays 8.01 they're going to steal ANOTHER penny ?

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Old 04-21-2016, 12:30 PM   #12
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Quote:
Originally Posted by 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.
He probably thought you were bad tipper!
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Old 04-21-2016, 12:31 PM   #13
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When I was in Europe pennies were only used on the base, not in the local towns. They rounded and it was fine.
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Old 04-21-2016, 03:30 PM   #14
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Quote:
Originally Posted by CurtisontheBay
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).
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Old 04-21-2016, 05:32 PM   #15
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Quote:
Originally Posted by ThinkingAlways
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.
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