Friday, March 30, 2012

A nickle for your thoughts? No more pennies allowed

Finally!!!  No more useless pennies. 

No doubt there will be  much hand wringing and finger pointing about today's federal budget.  There always is, especially during times of constraint.  Everyone's laundry list of things to cut is different, while some don't care whether the budget is balanced at all.  For the record, I do like to see our governments (be they federal, provincial or municipal) operating with at least balanced, if not surplus budgets.

Just because one individual or one party has a different set of priorities than others doesn't make that person or that party inherently evil, different strokes for different folks as the old saw goes.

But one thing I think we can all agree on is the wisdom in finally deciding to eliminate the lowly penny, sending it to the trash bin with other historical relics like half pennies and farthings.

It is being reported that taxpayers will save about $11 million per year, not much in the grand scheme of things, but we are dealing with one cent pieces here. 

I'd actually written about this before, back in March of 2009, going so far as to advocate eliminating the nickle as well and bringing in a $5 coin to go with our loonies and tooniess, (READ IT HERE).

Yes, it is a small measure for a small unit of currency.  Now everyone go back to debating the meatier aspects. 

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