I have read articles talking about dropping cursive handwriting but not printing in the US.
http://www.usatoday.com/news/education/2009-01-23-cursive-handwriting_N.htm
http://www.parentdish.com/2011/01/21/cursive-handwriting/
Cursive is the faster way to write, that is why it exists. Raising and lowering a pen or pencil repeatedly to the paper takes longer. Although I am sure some people can print faster than others printing is slower in general.
Handwriting should always be taught. Too much of history, personal, national, international is written word. Although you can debate that national and international history will be available in other forms, it is highly unlikely that any of your personal history will be. To deny future generations the ability to read something their great, great, great, great grandparents wrote in scrawled cursive will lead to even less connection to where we've been and how far we have come. You can debate that this will have little impact on most people but try telling that to someone that has experienced it. Nothing like finding notes your grandma has written you in cards you gave her over the years. Even knowing cursive I still have to decipher some of it.
Besides, it is bad enough people come out of school unable to:
* Read an analog clock. This has actually been happening for many years, my cousin is in her 30s and hasn't managed to learn this at any point. Every school I go into has analog clocks so I have no idea how kids are figuring out how much time they had left to run the hell out the door before cell phones.
* Count back change. No this does not mean being able to count back the amount the machine tells you. It means that if someone spent $10.69 and gave you a $20 you could give them proper change. Which would be like this: Take their $20, give them a penny and say $10.70. Give them a nickle and say $10.75. Give them a quarter and say $11. Count ones to them up to $15. Give them a $5 and say $20. Congrats, you have just given correct change to someone without a machine telling you and verified it aloud with the person at the same time. It isn't rocket surgery.
* Properly place a dollar sign. Yea, I know other countries do it after the amount but unless you have lived in another country, you look ridiculous. I know you haven't been taught to put it after at any point in your life so trying to use that as an excuse just fails. And seriously, when it is on a sign in front of a business and no one going by it daily can be bothered with realizing it or correcting it I figure they have a group of lazy morons working there.