23-12-2017, 06:47 AM
Photographer: Michael Nagle/Bloomberg
It Isn't a Very Merry Christmas for the Trump Tree Ornament
Lots of presidential bling still sells for full price. One notable item has been deeply discounted.
By Suzanne Woolley
December 15, 2017, 5:36 PM GMT+1
It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.
At least, that was the price when it first went on sale a year ago, before it was cut to $99 and, eventually, to $45.
A bear market in MAGA ornaments.
Photographer: Christopher Goodney/Bloomberg
The rapidly depreciating asset: a "collectible ornament" in the form of a red brass Make America Great Again cap. The item, said to be finished in 24-karat gold, is sold on a website to which the "shop" button on President Donald Trump's site links. The shopping site says it is paid for by the Trump Make America Great Again Committee, "a joint fundraising committee authorized by and composed of Donald J. Trump for President, Inc. and the Republican National Committee." Life-size MAGA caps on the site sell for $25, unless you choose the Official Merry Christmas Hat, at $45. That's the MAGA cap with Christmas lights stitched on.
You can also buy the ornament on eBay, where it attracted some snarky comments after it went on sale in late 2016, including "No matter where I hang it, the tree leans waaaaaay over to the far right" and "It wants to deport my nativity scene!" The only apparent eBay review so far this year: "This well-crafted and decorative item can be a yearly reminder of how great a country we live in, regardless of politics, of where anything is possible."
The ornament's price and the president's approval rating have both fallen:
It Isn't a Very Merry Christmas for the Trump Tree Ornament
Lots of presidential bling still sells for full price. One notable item has been deeply discounted.
By Suzanne Woolley
December 15, 2017, 5:36 PM GMT+1
It comes in a golden box, nestled in black velvet (or is it velveteen?). Before you even unpack it, you're excited to see it through a little plastic window. After all, you paid $149 for it.
At least, that was the price when it first went on sale a year ago, before it was cut to $99 and, eventually, to $45.
A bear market in MAGA ornaments.
Photographer: Christopher Goodney/Bloomberg
The rapidly depreciating asset: a "collectible ornament" in the form of a red brass Make America Great Again cap. The item, said to be finished in 24-karat gold, is sold on a website to which the "shop" button on President Donald Trump's site links. The shopping site says it is paid for by the Trump Make America Great Again Committee, "a joint fundraising committee authorized by and composed of Donald J. Trump for President, Inc. and the Republican National Committee." Life-size MAGA caps on the site sell for $25, unless you choose the Official Merry Christmas Hat, at $45. That's the MAGA cap with Christmas lights stitched on.
You can also buy the ornament on eBay, where it attracted some snarky comments after it went on sale in late 2016, including "No matter where I hang it, the tree leans waaaaaay over to the far right" and "It wants to deport my nativity scene!" The only apparent eBay review so far this year: "This well-crafted and decorative item can be a yearly reminder of how great a country we live in, regardless of politics, of where anything is possible."
The ornament's price and the president's approval rating have both fallen:
On Sale: A Trump Christmas
The brass MAGA hat "collectible ornament" sold for $149 when introduced in late 2016. It now retails on shop.donaldjtrump.com for $45.
The brass MAGA hat "collectible ornament" sold for $149 when introduced in late 2016. It now retails on shop.donaldjtrump.com for $45.
A Long Slide
Trump's daily job approval rating has been falling for much of his term in office, according to a Gallup poll--albeit not as steeply as the price of his MAGA ornament.
Trump's daily job approval rating has been falling for much of his term in office, according to a Gallup poll--albeit not as steeply as the price of his MAGA ornament.
"Let me issue and control a nation's money and I care not who writes the laws. - Mayer Rothschild
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass
"Civil disobedience is not our problem. Our problem is civil obedience! People are obedient in the face of poverty, starvation, stupidity, war, and cruelty. Our problem is that grand thieves are running the country. That's our problem!" - Howard Zinn
"If there is no struggle there is no progress. Power concedes nothing without a demand. It never did and never will" - Frederick Douglass