Can we learn to love the $1 coin, if it will save billions?
Americans have resisted the dollar coin. We like our small denominations in paper. But phasing out the dollar bill and replacing it with a coin will save an estimated $4.4 billion over the next 30 years, Congressional auditors say. For savings like that, can we learn to carry them? On the pro-side of the change, the coin has a longer shelf life. Coins can last decades, where the paper bills typically have to be retired after four or five years, according to a report in the Boston Globe. On the negative side, the paper bill would have to be completely eliminated for the savings to accrue. And it would take several years and up-front expenses to produce the coin. Advocates point to the recent experience in Canada, where the $1 coin has …
Smiling Sam is a board game that helps kids smile while learning to count coins.
Friday, May 25, 2012
Submitted by Kevin McShane A few facts about McShane; Cartoonist and teacher McShane grew up in Northborough, and attended Algonquin Regional High School, class of '68. Presently working on a "Kickstarter Project," he has concocted a game that is fun, and shows kids how to count their coins. McShane's parents, Wm. J. McShane and Kathleen McShane, still live in Northborough. McShane now teaches special education at Cascade Brook School in Farmington, ME. Growing up on School Street in Northborough, he used to caddy at Juniper Hill. His cousin Bill owns Ellsworth-McShane Tree Farm. There is a display of Indian arrowheads that McShane found in his dad's cornfield as a kid that he donated to the Historical Museum. Smiling Sam the Game is a …