Wednesday, February 19, 2025

In Another Win for DOGE Trump Has Signed an Executive Order Banning the Production of Pennies

 

Trump has become the master of the pen stroke
In a second or two practices and policies  that lack common sense are revoked
In these needed actions to save money, insure safety or improve lives’ quality
Well executive actions beneficial intentions have some collateral damage fatalities
Trump signed an executive order eliminating further production of pennies due to costs to produce
Almost 4 cents for a cent of value which is the type of inefficiency DOGE is hellbent on trying to reduce
If costs are by sellers are rounded up or down to the nearest nickel it is a tossup on whether buyers or sellers save the cents to be gained or  lost
Depends on whether the last digit is not “0” or “5” for the costs
But the sales tax law will have to address how the prices are rounded up or down to “0” or “5” when sales taxes are added to the bill
Suspect we will see rounding up as the thirst for more taxes is impossible to kill
While observing that someone is failing by focusing only on the small insignificant details
While ignoring the big picture and being derailed
So the adages: “A Penny for your Thoughts” or “Penny wise and Pound foolish”
Will no longer in our lexicon flourish

© 2/11/2025 Michael P. Ridley aka The Alaskanpoet

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