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Summary Of 2.4 Cents Foolish

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Imagine your purse or wallet being lighter and the nation saving millions because of a certain change. This change, of course, is that pennies have stopped being minted. The passages, “Penny Wise, or 2.4 Cents Foolish”, by Jeff Sommer, “Give a Penny-Save the Day!”, by Ted Waterhouse, and “The Ever-Changing Penny”, by Maria Story, all show different sides and facts of a debate about pennies and whether we should keep them or not. “Penny Wise, or 2.4 Cents Foolish” tells the reader about the Canadian government and how they are not producing the penny anymore. It also talks about what could happen if the penny went away in the United States and how other coins such as the nickel cost more to make than they are worth too. “Give a Penny-Save the …show more content…

They believe that pennies are worth a lot when grouped with other pennies. The text “Give a Penny-Save the Day!” by Ted Waterhouse uses that point to say why the penny should still be produced. The text states, “A penny is not worth much by itself, but as WMS found out, there is power in numbers. When people put all their pennies together for a good cause, they can add up quickly, and they can truly help a good cause.” While lots of pennies put together do eventually add up, they are a hassle to collect and give away when people do not use them and cannot find them. In the text, “Penny Wise or 2.4 Cents Foolish?” “ But we are paying a cost for the privilege of squirreling them away in drawers and on dressers.” This quote tells us that many people just toss their pennies to the side and do not use them. It is true because the reader of the passage has, more than likely, toss away their pennies and forget about them. Of course not everyone has done this, but from experience, I know my friends, family, and I have all done this at some point in our lives. Others may still believe that the penny should be minted and distributed because it is a part of American history. The text “The Ever-Changing Penny” argues, “The history of a penny reveals more than just a coin—it exposes a piece of American culture. The one-cent piece has influenced our language, giving us a number of idioms, such

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That is why I am supporting the retirement of the pennies. With me supporting the retirement of the penny I have some evidence on why the penny should be retired. One piece I have is in the article it states that it costs 11 million dollars to make pennies in other countries. That it is a lot of money being used even though the penny doesn’t really get used, it just gets pushed to the side and never gets used. They could be doing more with the 11 million dollars.

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As stated in the text,”In truth, it is more than a coin—it is a piece of American culture.” Even though the penny has some culture, culture is nothing compared to losing money the losing money part is way more important than just being part of American culture. This shows how people can hold onto the smallest things for the dumbest reasons. Another thing stated in the text was,”Still, for many people, the penny's sentimental value remains the same.” Even though the penny may have some sentimental value the government is losing a ton of money minting new pennies because they cost more than they have in value.

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