Category — US Mints
Another way to go broke
It costs the government $134 million to make $80 million worth of pennies.
…a field trip to the US Mint and found out that to make $80 million worth of pennies, it costs the government $134 million. And to make around $60 million in nickels costs $124 million. The US Mint says this is because the prices for nickel, zinc, and copper have shot up a lot in the past few years. [snip]
Another reason the politicians shouldn’t be allowed to run the government.
Archived in: Congress, Deficits, US MintsFebruary 11, 2008 at 6:29 pm 2 Comments
