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Obama doesn’t know why ‘people’ haven’t gotten rid of pennies

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During a “fireside hangout” on Google+ on Thursday, President Obama told one questioner he doesn’t know why “people” haven’t gotten rid of pennies. “Almost all economists agree we should stop minting pennies,” John Green, of Indiana, told Obama. “They’re economically inefficient they don’t work as currency… we’re talking about maybe savings to the federal government of 100 million dollars over...

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