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Penny Synthesis EssayPenny Synthesis Essay To not ban pennies, further merely discourage their use by establishing a system It is because I agree with Mark Lewis of Forbes. com, that I affirm abolishing the cen duration, yet with some restrictions. In 2001 a United States Representative by the name of Jim Kolbe introduced a proposition to eliminate the penny (United States lowest denomi assign of matter coin). To deeply reason as to why an mortal might support this proposition, we must look at three divers(prenominal) points of analysis. First, How zinc manufacturing around the nation may be affected due to this decision, Second, What this means for the people of this country on an scotch standpoint, and Thirdly, What are the benefits of eliminating the penny in terms of time and money. According to Source A, since 1982 penny manufacturing has been produced from 97. 5% zinc material. Mentioned, as opposition to this bill, is Tennessee who is rich in raw zinc. Representa tive Kolbes nous is to make the nickel the countrys lowest denomination coin.Interesting enough Kolbes state of Arizona is rich in copper, which makes up most of the higher denominational coins. Keep in melodic theme zinc manufacturing is not solely dependent upon penny manufacturing. The fact that this issue is being used to knock off this bill is invalid because of this exact reasoning. Moreover, The proposition would gradually eliminate manufacturing instead of suddenly stopping production. This gives time for manufacturing companies to find other means of work besides the penny. It is understood from the proposition that prices would be altered go to the nearest nickels place.The study shows that if a persons time is worth $15 an hour (which we all know its worth less than that, but thats a different story) a person would be losing close to $60 per year. The penny will always be a crucial statement in our nations history yet we must keep our encephalon set on the future. In the words of Bob Dylan, Times are a changing. It is a unwrap economical strategy to gradually eliminate the penny from circular use. From this reasoning I affirm Jim Kolbes proposition to eliminate the penny.