Penny power
The penny’s getting punked, yo. Congressman Jim Kolbe of Arizona introduced a bill in July that says that transactions paid in cash will be rounded to the nearest nickel. It’s part of his plan to modernize currency policies that he called “penny foolish” in a press release. Now, we know the penny isn’t the pimp daddy of coins, but come on, ya’ll. Isn’t it still part of the posse that pays? SN&R asked some local businesses to estimate the purchasing power of pennies in their establishments, and here’s where they drew the line: