TRUMP DECLARES WAR ON PENNIES: The Great 1-Cent Coin Massacre!
BREAKING NEWS: Trump’s Shocking Rant Rips Apart U.S. Pennies!
In a jaw-dropping announcement on his Truth Social platform, former President Donald Trump has set his sights on an unsuspecting victim: the humble penny! That’s right, folks! After years of quietly circulating in our pockets, this one-cent coin is now on the chopping block, and Trump says it’s about time we say goodbye to this money-bleeding menace!
“Enough is enough! Pennies cost us more than they’re worth!” Trump blasted on Sunday. “I have commanded the Secretary of the Treasury to end this folly! Let’s slash the waste from our national budget!”
PENNIES ARE A MONEY BLACK HOLE!
That’s not just talk! The U.S. Mint cranks out over 3 billion pennies every year – costing us a mind-boggling 3.7 cents each! That adds up to over $85 million wasted on coins that nobody really wants. And here’s the kicker: producing nickels is even worse! They cost a whopping 14 cents each to make! Talk about throwing good money after bad!
You might be asking yourself, how did it come to this? Well, brace yourself for a fun fact: an expert from Harvard says there’s nothing in the law saying pennies even need to be minted! That’s right, we’re ripping those pesky coins right out of our economy!
OTHER COUNTRIES ARE RAMPING UP: WILL THE NICKEL BE NEXT?
So, what about other countries? Australia, Canada, and New Zealand found a way to ditch their low-value coins and survived without a hitch! Rounding transactions to the nearest nickel? No sweat! Canada rolled out its penny policy in 2012, and now it’s as normal for Canadians to round prices as it is to enjoy a good ol’ hockey game!
Will America take the plunge and follow suit? Experts say if pennies disappear, it could pave the way for nickels to vanish next! Watch out, five-centers — your days could be numbered!
CASH IS DYING – PENNIES HAVE NO FUTURE!
Amid the rise of cashless transactions, the decline of cash payments is surging. The pandemic speeded up our transition away from coins! With only 18% of transactions cash-based, it’s time to face the music: pennies are a dead weight dragging us down!
WHAT WILL HAPPEN TO THE PENNY? Only Time Will Tell!
Trump’s penny purge isn’t the first rodeo for lawmakers. Repeated attempts to eradicate this pesky coin have been squashed in Congress before. Yet, with the former president pushing for change, could this be the final nail in the coffin for the penny?
If the U.S. joins the ranks of penny-less nations, what’s next for those pesky little coins? The world is watching as we stand at the crossroads of cash—will we keep pennies around, or is it time to walk away?
Get ready, America! The battle over our beloved pennies is heating up, and it’s about to get wild!
photo credit: money.com
