Man, people really hate the economy. It’s not a new story. In fact, the only thing interesting about it how not new it is. People hate the Clinton economy. People hated the W. economy. People really hated the Great Recession economy (go figure). People hate the Obama economy, even as it came roaring back better than before the Great Recession. People hated the Trump economy (less so, but that’s another story that’s the same story). People really hated the pandemic economy. People continued to really hate the Biden economy, even as it came back roaring better than before, well, anything...
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Killing Lincoln
Today is the last day the penny will be in production in the United States. It will probably go out unnoticed for the most part, as durable as the reddish currency has been for centuries. Made now out of just a speck of copper (mostly zinc), it’s apparently more expensive to make than it holds as currency, so some people say it shouldn’t be minted anymore. Not a terribly good reason (currency doesn’t hold value as the value of itself), but pennies are pretty worthless nowadays so there are only a couple of reasons why not to...
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