Not sad to say bye to the penny
| Posted: Wednesday, Feb 13, 2013 05:43 pm
It is the end of the Canadian penny and there are not too many people who are upset to see it go ó and for good reason.
Be honest, imagine how much less clutter there will be on the top of your dryer, on your dresser, in your carís cup holder and your junk drawer with the penny gone.
The penny has simply outlived its usefulness, what little of it there was.
Few of use even remember when the penny actually had some value. The days when you could run down to the corner store for a bag of penny candy or a handful of Double Bubble are long gone.
There is no such thing as penny candy any more as one cent cannot even buy you a piece of bubble gum or a licorice.
Now the copper coin suffers the same fate as penny candy, the licorice baby, Mojos and the Dodo bird ó extinction.
Earlier this year the federal government announced it would no longer be issuing pennies as it took more to make one (1.6 cents) then it was worth. The move will save the government about $11 million per year. That is no chump change.
It was a smart decision and it simply makes sense to toss the cent.
In this era of debit cards and on-line shopping change has become nothing more than a nuisance.
The penny is likely just the first coin to drop and the mint will be nickel and diming us next as it continues to eliminate change.
Although there is no love lost for the penny some things will be missed.
For example, there will no longer be lucky pennies and a loonie for your thoughts just does not have the same ring.
Regardless, it was time to put the poor penny out to pasture.