Tuesday, February 5, 2013

Rendering Cents... oops, Sense...

In yesterday's Life with Lynnie (LwL) entry, I wrote about how I don't believe that it makes sense to remove coinage, like the cent or penny, from our monetary system.

I realize that not everyone agrees.  I also realize that not all people accept change, easily.  Pun intended!

This is not why I feel this way.

With my background of owning/managing my own retail store many years ago, I understand that each and every day, the sales and cash need to be balanced.  When I say I am truly happy to not be in the position of being a retailer today, I mean it.

Many years back, after having my store for over five (5) years, and after becoming aware that an employee was stealing from me, I made the decision to sell the business.  This is one reason sales/cash need to be balanced, daily. 

At the time, I was also selling real estate.  How grateful I am that I did indeed sell the business.  And, how grateful I am that back then, I could balance sales/cash, daily!

Still, I must ask now that coinage is being removed, "how on earth is any retailer going to be able to balance their sales/cash daily?"  In my opinion, this will be impossible.

On the surface, some may say that it isn't really a problem.  After all, we're only talking about a few cents. 

True.  But, it is a few pennies for each and every transaction!   A small business would have a difficult time, to be sure.  But, the larger businesses?  How on earth will they do it?

Here's an article that was recently published by The Windsor Star, that to me is basically propaganda, printed in an effort to try and convince people like me that they are right about this.  It's entitled Penny's passe, nickel's next:  MP, http://www.windsorstar.com/business/Pennys+pass%C3%A9+nickels+next/7913494/story.html

Our government has eluded in other articles and news releases, that it will save the taxpayers money.  It has been reported in the newspaper that it will save the government $11 million.

I beg to differ with that regard.  Well, sort of.

Who is our government?  Who is it really, that pays the cost?  Before?  After?  The answer may sound different, but it is basically the same. 

We, the taxpayers.

Yes, whether or not the cent were to have remained, or been withdrawn as it has now been, we the taxpayers will pay the price.  If they had kept the coin, through taxation.  Now that no more coins will be made and disbursed, it will be you, my friend.

Of course, God told us to give to Caesar, what is due to him.  You can read it for yourself, in Mark 12:17, "And Jesus answering said unto them, Render to Caesar the things that are Caesar's, and to God the things that are God's. And they marvelled at him."

So, we must comply.  We don't really have a choice.  Does this mean we have to like it?  Absolutely, not.

In fact, I would suggest that whoever voted in the elected MP's that made this decision, may want to rethink who they vote for in the future. 

After all, the harder the government makes it for business owners to run their business, the more costs are involved, meaning less profits, and at times, fewer jobs.  Not to mention those who worked for the Canadian Mint, who will be laid off work, due to this horrible decision.

Ultimately, I am grateful that God is in control.  Where would we be without Him?!

Until next time...

If you would like to comment, please e-mail:  lifewithlynnie@gmail.com