Well, we may not be getting rid of the penny at this moment, however the issue has been bought to the attention of President Obama. During a “Fireside Chat” a participant wanted to know why was the penny still being produced. Obama thinks that the zinc/copper material that takes 2.41 cents to produce and distribute is useless as well, but it’s something that “everyone” in use to and it would be somewhat odd to get rid of it right now. He has to worry about the BIGGER wrongs in the world before he can get to the smaller ones. Drop down bottom for his full response on the issue.