By
Associated Press
Published: Tue, May 06, 2008 - 4:34 pm
Last Updated: Tue, May 06, 2008 - 4:58 pm
Last Updated: Tue, May 06, 2008 - 4:58 pm
Adams once said, "What this country needs is a good five-cent
nickel."
He wasn't kidding.
If you think times are tough, consider: It now costs more than a
penny to make a penny, which is made of zinc and copper. And the
cost of a nickel is more than 7 and a-half cents.
Surging prices for copper, zinc and nickel have Congress trying
to bring back the steel-made pennies of World War II, and maybe
using steel for nickels, as well.
The House is moving toward a vote on a measure that would direct
the secretary of the Treasury to suggest a new, more economical
composition of the nickel and the penny.
The Treasury Department opposes the bill as "too
prescriptive."
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Why dont they just eliminate the penny and the nickle? Just round everytihing up to the nearest dime? Just think of all the money they’ll save.
JJ
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