Thursday, June 11, 2009

Health care reform and dollar coins

Before looking at the latest Washington attempt to overhaul health care, look in your change drawer. Is there a dollar coin there?
Dollar coins are always considered a way for government to save money. And they always flop.
The Eisenhower dollar with the Eagle landing on the moon on the back from 1971.
The Susan B. Anthony.
The Sacajewea.
The presidential dollar coins now being minted.
Why do dollar coins always fail? Conspiracy? Nah?
Businesses have money holders for their change-giving needs. Four slots for coins, and four slots for bills. To add a new coin to the mix, everything has to be overhauled. If you dump the penny to add the dollar coin, you'll still have pennies coming through the door for years to come.
Helping 50 million Americans sounds good. Making life harder for 250 million Americans to do it? Let's think about that more.

1 comment:

smitty1e said...

>To add a new coin to the mix, everything has to be overhauled.

Jobs created or saved or mutated or re-labeled! Free beer for all my friends--tomorrow!