Should We Abolish the Penny? Essay Sample.
According to a Harris Interactive Poll(R) conducted in 2006, almost two-thirds of Americans across all income groups are opposed to abolishing the penny. Earlier this year(2012), Canada took the final steps in phasing out their one-cent coin from circulation, and initiate a system of rounding to.
The U. S. should not abolish the penny because it is valuable to the economy, significant to society, and an important tradition to continue. Simply put, the penny is far too valuable economically and historically to be banned. Don't use plagiarized sources. Get Your Custom Essay on.
The arguments for keeping the penny range, but the main argument for eliminating the penny is constant. Opponents of the penny find it to be a waste. For them, it is a waste of money and time. Instead, they suggest rounding up or down on all transactions. This would make the penny useless although not unable to be used.
It’s My Life. My name is Ann Smith.I am a senior in high school.Everyone can agree that I am a good student and that I like to study.My favorite subjects are chemistry and biology. I am going to enter the university because my goal is to study these subjects in future and to become a respected professional in one of the fields. I can say that I am a responsible and a hard-working student.
William Safire’s positional essay is highly influential at transfusing passion in Americans and assisting to open their eyes to his chief claim. He accomplishes this through his strategically dialectic yet harsh wit. construction and instead uneven manner of acquiring his reader to fall in his campaign against this revolting “specious specie” of money.
A debate exists within the United States government and American society at large over whether the one-cent coin, the penny, should be eliminated as a unit of currency in the United States.The penny costs more to produce than the one cent it is worth, meaning the seigniorage is negative—the government loses money on every penny that is created.. Several bills introduced in the U.S. Congress.
Home — Essay Samples — Life — Personality — Analysis of the Statements against the Eradication of the American Penny This essay has been submitted by a student. This is not an example of the work written by professional essay writers.