Yes, Trump did the right thing by stopping the printing of cents

A "cent" is the smallest monetary unit in the United States, a hundredth of a dollar. The number of physical cent coins currently in circulation is estimated to be between about 100 and 400 billion coins.

For several decades it has been a hotly debated topic among economists, academics and politicians that printing cent coins is a horrendous money sink. There are two major reasons for this:

Firstly, the best known reason is that minting cent coins is more expensive than their face value. The current estimate is that it costs 3.7 cents to mint one cent coin. Thus, the government is constantly losing money when it mints cent coins. This money comes from the taxpayers, so ultimately it's the citizens who are losing all this money.

Secondly, cent coins tend to not circulate and the overwhelming majority of them just get lost. This is because shops give out almost all existing cent coins as exchange for purchases, but people conversely do not use these cents to buy stuff, instead preferring larger coins and bills.

This second phenomenon creates this silly loop, where shops give cent coins to people, who nevertheless use larger coins and bills to do further purchases, requiring the shops to give out even more cent coins in change, and so on. Only a microscopic minority of people actually use those cent coins they receive to make further purchases.

Where do all those cent coins end up? They just get lost. People empty their wallets from them, put them in jars, or in some drawer, or drop them, give them away to someone else (who likewise will never use them), or just outright throw them away.

So no matter how many cent coins the US treasury mints, the supply is never enough, and all of them will eventually just end up in jars, drawers, ditches and landfills. Only a microscopic fraction of it ever actually circulates and helps the economy. It's pretty much a pure money sink with no value.

This has been a known problem for decades and decades, and many articles in high-name publications have been written about it. And the reason why minting cents has not been already stopped decades ago is a contrived set of traditions, politics and complicated laws.

But now the Trump administration finally did what nobody else had dared to do before, some months ago: They ordered the treasury to stop minting cent coins.

And of course you know what that means, from the perspective of the left: Obviously it's the end of the world and a crime against humanity and yada yada yada.

Never mind that if eg. Biden had done the exact same thing, those same leftists would have praised him for a job well done, that I can guarantee.