Pennies & Memorial Day

Pennies are going away, Dangerous Dave talks about the last minting of the 1 cent piece. Plus, Memorial Day weekend and why we celebrate.

Episode Transcript

Speaker 1 (00:00):
This is deuber in the den with dangerous date. All right,
let's talk about pennies. Some people didn't think this would
really happen when we heard about it a few months ago,
but it looks like it will. The US Treasury has
announced a big change too. They're going to officially stop
making new pennies. President Trump said in February that they
ordered the US mint to stop making them. A cost

(00:22):
four cents to make every penny, so it's supposed to
save money and estimated fifty six million dollars a year
it will save. The Treasury just placed the final order
for blanks this month, and once they're minted, they're not
going to make any more. Of The last pennies are
set to roll off the production line early next year,
unwelcome news for penny enthusiasts, especially since today, believe it

(00:42):
or not, is Lucky Penny Day. So I was May
twenty third. There's been a push to ditch them for
a long time, and not everybody thinks it's a great idea,
because well, Nichols aren't cheap either. They cost around fourteen
cents to make, and we might need more stores to
start rounding up to five cent increments. Well, you don't
have to if if you don't use cash. Okay, there's

(01:02):
no rounding up if you don't use cash. None of
this means that pennies are going away anytime soon. By
the way, there's about one hundred and fourteen billion of
them in circulation, still be able to use them. Government
makes more every year, or did just because so many
pennies drop out of circulation. People toss them and change
jars and leave them on their center council, or just
throw them out and don't even bother using them. So

(01:24):
the have a penny, leave a penny thing at the
convenience store? Is that going to be have a nickel?
Leave a nickel deeper in the two. If the only
thing you are remembering on Memorial Day is to go
back for that third hot dog, you're doing it wrong
and you're not the only one. According to newpoll, half
of Americans think Memorial Day has lost its original meaning,

(01:44):
and fifty two percent of people say it's true. They
might be right. Forty percent say remembering Americans fallen America's
fallen troops is not the first thing they associate with
Memorial Day anymore. Sixty percent say it still is but
age matter. It's just forty eight percent of gen Zer's
say that's the reason, compared to seventy six percent of

(02:05):
baby boomers. Obviously, okay to associate it with barbecues in
summer and nice three day weekend we have coming up,
but just take time to honor our fallen soldiers as well.
Nearly one point two million men and women have given
their lives over the past two hundred and fifty years
to put us in a place where we can kick back, relax,
and enjoy that third hot dog. Speaking of those hot dogs,

(02:29):
according to wallehub dot com, fifty eight percent of Americans
plan to barbecue this weekend. Instacart shared what We're grilling.
They looked at what type of meat each state bought
more than any other state for Memorial Day last year.
Most popular options overall are burgers and dogs, but instacart
says it's a little more unique than that. Some of

(02:52):
the highlights things that states are obsessed with more than
other states. In the Midwest, it's brought worst. Almost every
state from all Ohio to Colorado bought tons of rots
over the Memorial weekend last year, including Minnesota, Texas, California,
and Most states out west are into steak, skirt steak
and Texas, ribbis in Arizona and Idaho, tea bones in Nevada, Utah, Wyoming,

(03:14):
and New Mexico, and beflap in California. By the way,
North Dakota chicken burgers ribs popular in the South. Most
states in the Northeast are putting meat between their bread
beef patties in Pennsylvania, Cannecticut and New York, Delaware, Rhode
Island and New Hampshire and chicken burgers like I said,
North Dakota, but also Montana and Washington. Finally, two outliers.

(03:38):
Hot dogs most popular in West Virginia and more than
anywhere else in Vegetarian sausages big in Oregon. By the way,
they looked at the most popular sides in the state.
It's a mixed bag. Potato salad won the Midwest, pasta
salad New England and Coleslaw in the South. They came
for another episode of Deeper in the Den with Dangerous

(03:59):
Dave Light. Here no