Well no, apparently ANY President now has almost ANY power
so the next President could order a new penny made with their face on it
sure they could, look at the east-wing and tell me what limits of power a President has
The last-ever penny will be minted today in Philadelphia
131–140 of 981 posts
Re: The last-ever penny will be minted today in Philadelphia
#132Re: The last-ever penny will be minted today in Philadelphia
#133Earlier quoted context omitted.
Not everyone can see. Australian notes vary in size for this reason.
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Quite the opposite. As a fully abled person I find it incredibly annoying to have to flip through US notes instead of just immediately picking out the right one by size and/or color.
Re: The last-ever penny will be minted today in Philadelphia
#134[dead]
Re: The last-ever penny will be minted today in Philadelphia
#135Earlier quoted context omitted.
If the US properly got rid of pennies (instead of Trump just doing another end-run around congress, by ordering the Mint to stop making them, on shaky legal ground), the legislation could easily supersede those state laws.
What exactly is the law? Can you show me the statute requiring the treasury department to coin pennies?
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Re: The last-ever penny will be minted today in Philadelphia
#136Earlier quoted context omitted.
Not everyone can see. Australian notes vary in size for this reason.
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Does the Canadian solution of adding brail to the notes inconvenience you, or is that an acceptable way to make sure that people with disabilities can participate in cash transactions safely?
Does having different sized coins strike you as an inconvenience?
Why does a feature that can be used by anyone, regardless of disability, strike you as "inconvenient for almost everybody"?
What, exactly, is inconvenient about having notes be different sizes?
Re: The last-ever penny will be minted today in Philadelphia
#137Honestly nickels and dimes, and maybe even quarters, should go too. It's ridiculous that we don't have $1 and $2 coins in widespread circulation in the US (we have a $1 coin but nobody uses it).
At least nickels should go so we can always round by one digit.
Re: The last-ever penny will be minted today in Philadelphia
#138So Obama wanted to wanted to ban the penny, but it was deemed illegal to do so and efforts to get rid of the law requiring it did not pass: * https://www.washingtonpost.com/nation/2025/02/10/trump-us-mi... * https://www.local3news.com/obama-wants-to-retire-the-penny-b... It's not that keeping the penny around is (necessarily) a good idea, but that there are, you know, laws, and people (including the President and cab…
My understanding from something I read months ago - its a new interpretation. Specifically the law instructs the gov to make as many pennies as is necessary, but does not define what that is or how to calculate it. If the government deems necessary = 0, then you dont need to make any more.
Since the law is still on the books its still legal tender, and production may restart at any moment.
Re: The last-ever penny will be minted today in Philadelphia
#139Many are reporting this as if failing to mint new pennies each year is going to produce some kind of shortage. There are billions of pennies sitting in drawers or jars in homes across the nation (I certainly have one with about a thousand pennies in it). I doubt anyone who needs a penny will be unable to find one within the next 100 years.
> I doubt anyone who needs a penny will be unable to find one within the next 100 years. Based on my experience with the universe, this ability of being able to find something whenever you need it, only happens until you start expecting it and when you really need it, you're not gonna be able to find it anywhere. Maybe "Murphy's law" isn't what I'm looking for but something similar? For when what you really need is n…
Selective attention or confirmation bias with a hint of cosmic irony?
Re: The last-ever penny will be minted today in Philadelphia
#140Many countries eliminated their pennies without chaos or unfair burdens on shopkeepers. In Canada, the process was widely popular after the fact even though newspaper articles prior to the elimination intimated it wouldn't be due to their "both sides" style of reporting. It's indicative of the current US administration that they managed to screw this up despite many examples world wide of how to do it properly.
Unfair burden?? I think you’re blowing this out of proportion.. Credit card fees are 2-4%. Rounding to the nearest nickel costs at most $0.02 (1,2 round to 0; 3,4 round to 5) It is cheaper for the merchant to round to the nearest nickel for any transaction of one dollar or more than it is to pay CC merchant fees.
It costs on average 2 cents because without legislative authority to round to closest the retailer must round down and eat up to 4 cents of difference.
Cash costs retailers money too. Safely transporting it to the bank, et cetera. For many, cash is more expensive than credit cards.