Robert Whaples

Making No Cents
December 16, 2009

President Obama has taken his fair share of flak for not following through on campaign promises--from renegotiating NAFTA to reforming immigration to ending Don’t Ask Don’t Tell. But there’s a slightly more obscure pledge--one he made at a March 2008 town hall meeting in Greensburg, Pennsylvania--that he may want to revisit. “I will seriously consider eliminating the penny,” then-candidate Obama said, in response to a voter who questioned the wisdom of producing coins so worthless that vending machines (and some stores) no longer accept them.