Trump says he has directed Treasury to stop minting new pennies, citing cost
Trump says he has directed Treasury to stop minting new pennies, citing cost
President Donald Trump says he has directed the Treasury Department to stop minting new pennies, citing the rising cost of producing the one-cent coin.
Good job broken clock
Remember, when you see these little nothing "wins" it's just meant to soften you up for a bigger piece of shit you're about to be forced to swallow. Like when a few of the trump supreme court justices pretend to vote on the side of reason to claim they contain multitudes. They [crying] love beer, boofing in the devil's triangle, being under his eye, going on billionaire kompromat vacations and dismantling the society you're trying to care for your family within.
even a broken old clock with radium lume that's flaking off and also somehow is both filled with asbestos AND on fire will coincidentally show the correct time twice a day
Dollars are the new cents
He just doesn't like the face on them.
oh, shit. i believe i found out why he's so against the penny now...
The Circulating Collectible Coin Redesign Act of 2020 (Pub. L. 116–330 (text) (PDF)) was signed by President Donald Trump on January 13, 2021. It provides for, among other things, special one-year designs for the circulating coinage in 2026, including the cent, for the United States Semiquincentennial (250th anniversary), with one of the designs to depict women.[98]
(emphasis added by me)
it's an episode 1 bill, that he signed, that would have put a woman or women on the penny (special designs, like the state quarters) and other coins for a year (2026). penny is the cheapest to acquire and horde, and far more are minted than all others combined.
If pennies were accepted by vending machines, I'd actually spend them more often than saving them up in a giant pickle jar that I take to a coinstar once it's full and get like $10.
Just sweaty ass-pennies from now on.
Oh thank god. Do like Canada
Arizona iced tea finally gonna cost a dollar
Everyone start hoarding pennies.
Also trump orders astronauts to use pencils like the Russians do. That's $10,000.00 per space pen. Hooch savings hooch!
This may be the first headline this year that actually makes sense... Or wait no it doesn't make cents
Copper lobby didn't bribe him enough
The idea of doing away with the penny misses the point.
The question is why does it cost three cents to produce a penny? Can we make a penny for less? I'm suspecting it could be done.We should try that first because the loss of that denomination will have repercussions.
Who do you think it will cost every time a purchase comes to $0.96? You, the consumer, will be expected to eat the difference; the business never will. This seems like an innocuous loss, but consider how much 337,000,000 of us will leave on the table over the course of a year.
Better to streamline production and reduce costs so everyone's math makes sense.
They do know coins aren't single-use, right?
My coffee machine costs more than a Startbucks order, but that doesn't mean it's a bad investment.
I hate that he's the only person who could get away with this. I hate that he'd've campaigned heavily and successfully on the opposite of this if Biden or Obama had gotten rid of pennies. But I do appreciate no more pennies.
Hey donny dipshit, I'd be real triggered if you replaced the $1 and 5 with coins.