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04-21-2016, 05:43 AM
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#1
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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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.
__________________
I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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04-21-2016, 06:35 AM
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#2
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Registered User
Join Date: Jun 2008
Posts: 10,172
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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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04-21-2016, 06:47 AM
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#3
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Registered User
Join Date: Apr 2011
Location: Woodbine
Posts: 2,657
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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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04-21-2016, 06:54 AM
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#4
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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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.
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Now that's funny !
__________________
I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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04-21-2016, 07:02 AM
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#5
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Registered User
Join Date: Apr 2011
Location: Woodbine
Posts: 2,657
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Quote:
Originally Posted by CurtisontheBay
Now that's funny !
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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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04-21-2016, 07:30 AM
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#6
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,871
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MY two cents on this.......oh, never mind.
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Who does the Racing Form Detective like in this one?
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04-21-2016, 08:00 AM
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#7
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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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.
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Thanks
__________________
I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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04-21-2016, 09:33 AM
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#8
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Canadian since 51
Join Date: Jul 2006
Location: Toronto
Posts: 3,458
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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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04-21-2016, 11:11 AM
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#9
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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Quote:
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!
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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.
__________________
I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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04-21-2016, 12:20 PM
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#10
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Registered User
Join Date: Jun 2008
Posts: 10,172
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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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04-21-2016, 12:25 PM
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#11
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Veteran
Join Date: Oct 2009
Posts: 25,607
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So if my ten cent superfecta pays 8.01 they're going to steal ANOTHER penny ?
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04-21-2016, 12:30 PM
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#12
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,871
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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.
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He probably thought you were bad tipper!
__________________
Who does the Racing Form Detective like in this one?
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04-21-2016, 12:31 PM
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#13
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,828
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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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04-21-2016, 03:30 PM
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#14
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Registered User
Join Date: Feb 2012
Posts: 80
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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.
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I think you mean it costs 1.5 cents to make a penny ($0.015).
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04-21-2016, 05:32 PM
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#15
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Registered User
Join Date: Aug 2005
Location: On The Bay
Posts: 9,857
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Quote:
Originally Posted by ThinkingAlways
I think you mean it costs 1.5 cents to make a penny ($0.015).
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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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I wouldn't say I drink too much but my mother did tell me that my first words were" when does happy hour start"?
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