Discontinue the Penny

Discontinue the Penny By Elton Camp When mention of discontinuing the penny we make, Many people look with horror and shiver and shake But here’s an economic fact not known by very many It costs a penny and a half to produce just one penny And to get anything for a penny you needn’t even try There’s not a single item that a penny will still buy They have so little value they are left on the ground You will see them about everywhere if you look around Purchases to the nearest nickel would then be rounded Studies show gripes about a “rounding tax” are unfounded Some prices would be rounded up, others would decrease So this is a bogus argument that really ought to cease In 1857 when the half-penny was, at last, dropped out Nobody then even cared and there wasn’t any shout So there is actually not a sound reason on this earth To continue a coin that has the penny’s little worth