On my show this afternoon, I spoke with Jeff Gore of Citizens For Retiring The Penny, who says we don't need the one-cent coin anymore, especially since it now costs more than a penny to make a penny. Congressman Jim Kolbe (R-Arizona) agrees, and today introduced legislation to get rid of it.
I asked Gore what we'd do with all those prices that aren't right at the five- and ten-cent marks, what corporate America thinks of the plan, whether any other countries have done this, and more.
Listen to the conversation here.Labels: podcasts