I’m not ready to face the light

  • 10 Posts
  • 15 Comments
Joined 9 months ago
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Cake day: August 10th, 2024

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  • The idea of doing away with the penny misses the point.

    The question is why does it cost three cents to produce a penny? Can we make a penny for less? I’m suspecting it could be done.We should try that first because the loss of that denomination will have repercussions.

    Who do you think it will cost every time a purchase comes to $0.96? You, the consumer, will be expected to eat the difference; the business never will. This seems like an innocuous loss, but consider how much 337,000,000 of us will leave on the table over the course of a year.

    Better to streamline production and reduce costs so everyone’s math makes sense.




  • Seconding this, Paul Newman was probably the best person to ever come out of the state of Ohio.

    He co-founded Newman’s Own, a food company which donates all post-tax profits and royalties to charity. As of May 2021, these donations totaled over US$570 million. Newman continued to found charitable organizations such as the SeriousFun Children’s Network in 1988 and the Safe Water Network in 2006.

    (Pasted from his Wikipedia page)