Bill Overview
Title: Greatest Generation Memorial Act
Description: This bill directs the Department of the Treasury to mint and issue up to 50,000 $5 coins, 400,000 $1 silver coins, and 750,000 half-dollar clad coins in commemoration of the National World War II Memorial in the District of Columbia. The design of the coins shall be emblematic of the memorial and the service and sacrifice of American soldiers and civilians during World War II. All surcharges received from the sale of such coins shall be paid to the Friends of the National World War II Memorial to support the National Park Service in maintaining and repairing the memorial, and for educational and commemorative programs.
Sponsors: Sen. Rounds, Mike [R-SD]
Target Audience
Population: People connected to or interested in World War II and its memorials
Estimated Size: 700000
- The bill is focused on the commemoration of the National World War II Memorial and honors the service and sacrifice of American soldiers and civilians during World War II.
- The target population includes individuals who served in World War II, their families, and the general population who visit or support the memorial.
- The 'Greatest Generation' typically refers to those who grew up during the Great Depression and fought in World War II or worked on the home front, so they and their descendants are directly related to the bill's purpose.
- The overall interest in World War II history and the National World War II Memorial makes the target population broader, including history enthusiasts and the general public interested in commemorative activities.
Reasoning
- The policy is primarily commemorative and does not entail direct financial support or changes to welfare that typically influence wellbeing metrics.
- Interest in the policy is likely to be higher among individuals with a direct connection to World War II: veterans, their families, and history enthusiasts.
- Given the age of World War II veterans, many may not be significantly impacted by the policy due merely to practical age-related wellbeing considerations, though their descendants may appreciate the commemorative gesture.
- The symbolic nature of the policy may enhance wellbeing scores slightly among those who feel a strong connection to the themes of the policy, either through family history or personal interest in World War II.
- A broad segment of the general public may have minimal if any direct engagement with the policy, limiting any substantial impact on wellbeing scores. Therefore, the policy's tangible reach is limited by its commemorative and symbolic essence.
Simulated Interviews
Retired WWII Veteran (New York, NY)
Age: 98 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 3/20
Statement of Opinion:
- I think it's a wonderful way to honor our service and those who didn't make it back.
- It's important that younger generations understand what we fought for and this helps.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 6 | 5 |
| Year 10 | 6 | 5 |
| Year 20 | 5 | 4 |
History Professor (Los Angeles, CA)
Age: 34 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 2.0 years
Commonness: 5/20
Statement of Opinion:
- Educational programs from coin sales could benefit my students.
- I appreciate efforts to keep history memorable.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Coin Collector (Houston, TX)
Age: 46 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 3.0 years
Commonness: 8/20
Statement of Opinion:
- The rare coins will be a great addition to my collection.
- It's a nice nod to history but doesn't change daily life much.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 9 | 8 |
| Year 2 | 9 | 8 |
| Year 3 | 9 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Public School Teacher (Chicago, IL)
Age: 52 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 2.0 years
Commonness: 12/20
Statement of Opinion:
- I can use the educational materials supported by the coin sales for school projects.
- Feels like a good initiative but not directly impactful on my daily life.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Software Developer (San Francisco, CA)
Age: 28 | Gender: other
Wellbeing Before Policy: 7
Duration of Impact: 0.0 years
Commonness: 14/20
Statement of Opinion:
- The design of the coins sounds interesting, but it's not something that really affects me.
- Nice to know about, but I wouldn't feel much difference personally.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 7 |
| Year 2 | 7 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Museum Curator (Washington, D.C.)
Age: 38 | Gender: female
Wellbeing Before Policy: 7
Duration of Impact: 4.0 years
Commonness: 6/20
Statement of Opinion:
- A great initiative that will support the ongoing efforts at the memorial park.
- Could enhance interest in our exhibits and attract more visitors.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 8 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 7 | 7 |
Retired Engineer (Tulsa, OK)
Age: 67 | Gender: male
Wellbeing Before Policy: 6
Duration of Impact: 3.0 years
Commonness: 5/20
Statement of Opinion:
- It's good to see the memory of my father's generation being preserved.
- I hope it encourages more people to learn about this vital part of history.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 7 | 6 |
| Year 2 | 7 | 6 |
| Year 3 | 6 | 6 |
| Year 5 | 6 | 6 |
| Year 10 | 6 | 6 |
| Year 20 | 6 | 6 |
Small Business Owner (Philadelphia, PA)
Age: 41 | Gender: female
Wellbeing Before Policy: 6
Duration of Impact: 5.0 years
Commonness: 4/20
Statement of Opinion:
- I think the coin could attract more visitors to the area, helping my business.
- Initiatives like this keep the local economy linked to the memorial thriving.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 6 |
| Year 2 | 8 | 6 |
| Year 3 | 7 | 6 |
| Year 5 | 7 | 6 |
| Year 10 | 7 | 6 |
| Year 20 | 6 | 6 |
Retired History Teacher (St. Louis, MO)
Age: 75 | Gender: male
Wellbeing Before Policy: 7
Duration of Impact: 4.0 years
Commonness: 3/20
Statement of Opinion:
- The commemorative coin sales could support our history project.
- I support initiatives that memorialize WWII sacrifices, though day-to-day impact is limited.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 7 |
| Year 2 | 8 | 7 |
| Year 3 | 7 | 7 |
| Year 5 | 7 | 7 |
| Year 10 | 7 | 7 |
| Year 20 | 6 | 6 |
Student (Boise, ID)
Age: 22 | Gender: male
Wellbeing Before Policy: 8
Duration of Impact: 1.0 years
Commonness: 10/20
Statement of Opinion:
- It's interesting for my history classes, but more of an abstract thing to me.
- I like numismatics, so it could be a fun item to collect.
Wellbeing Over Time (With vs Without Policy)
| Year | With Policy | Without Policy |
|---|---|---|
| Year 1 | 8 | 8 |
| Year 2 | 8 | 8 |
| Year 3 | 8 | 8 |
| Year 5 | 8 | 8 |
| Year 10 | 8 | 8 |
| Year 20 | 8 | 8 |
Cost Estimates
Year 1: $3000000 (Low: $2000000, High: $4000000)
Year 2: $0 (Low: $0, High: $0)
Year 3: $0 (Low: $0, High: $0)
Year 5: $0 (Low: $0, High: $0)
Year 10: $0 (Low: $0, High: $0)
Year 100: $0 (Low: $0, High: $0)
Key Considerations
- Expected demand for coins may influence actual revenue significantly and historical data from previous commemorative coin sales suggest strong interest.
- The numismatic community's interest level and the coins' resonance in national patriotic sentiment.
- The efficient management of minting and marketing processes will determine the cost-effectiveness of the operation.