Trends Patriotic… Or Profiteering From the American Flag? Read the Article Open Share Drawer Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Click to share on Tumblr (Opens in new window)Click to share on Pinterest (Opens in new window)Click to share on LinkedIn (Opens in new window) Written by Published Jun 14, 2010 1 min read Advertising Disclosure The views expressed on this blog are those of the bloggers, and not necessarily those of Intuit. Third-party blogger may have received compensation for their time and services. Click here to read full disclosure on third-party bloggers. This blog does not provide legal, financial, accounting or tax advice. The content on this blog is "as is" and carries no warranties. Intuit does not warrant or guarantee the accuracy, reliability, and completeness of the content on this blog. After 20 days, comments are closed on posts. Intuit may, but has no obligation to, monitor comments. Comments that include profanity or abusive language will not be posted. Click here to read full Terms of Service. As far as holidays go, Flag Day is neither as “official” nor as widely-celebrated as Memorial and Independence Days. Now, those two tend to spark nationwide barbequeing, fireworks and parade bonanzas like no other, right? That’s not a problem for our nation’s retail industry, though. Every year, as Flag Day rolls around, a plethora of flag-adorned merchandise starts filling out store shelves in preparation for Independence Day a few weeks away. As the folks at WalletPop show in their recent video, these days you can purchase the American flag on pretty much anything, from neckties, candles and T-shirts, to oven mits, mugs, underwear, jackets and even what seems to be over-sized, over-blinged place settings (correct us if we’re wrong… those might simply be gigantic pins). American families, to be sure, already own a fair bit of patriotic merchandise. According to a 2009 survey by the National Retail Federation, 121 million Americans own an American flag, 89 million have patriotic apparel, 58 million own decorations and 25 million have bumper stickers or car decals. Yet, in June 2009, 14% of consumers planned to purchase additional patriotic merchandise. Some budget-conscious patriots might question the need to buy yet another flag-adorned tie, scarf or beach bikini. But hey, what’s more patriotic than supporting the American economy with some shopping? Then again, we wonder, where were most of these trinkets really produced? (We’re putting our money on a country that starts with a “C” and ends in “hina.”) WalletPop’s Jason Cochran says it best, though: “Maybe it’s easy to question the ethics of slapping the American flag on something just so you can make a quick buck. Then again, that’s capitalism. And isn’t capitalism the American way?” Happy Flag Day! Watch the video above, or check it out on WalletPop.com. Previous Post Bartering for Health Care Next Post The Big Spill: Update and Outlook Written by More from Browse Related Articles Mint App News Intuit Credit Karma welcomes all Minters! Retirement 101 5 Things the SECURE 2.0 Act changes about retirement Home Buying 101 What Are Homeowners Association (HOA) Fees and What Do They Cover? Financial Planning What Are Tax Deductions and Credits? 20 Ways To Save on Taxes Financial Planning What Is Income Tax and How Is It Calculated? Investing 101 The 15 Best Investments for 2023 Investing 101 How To Buy Stocks: A Beginner’s Guide Investing 101 What Is Real Estate Wholesaling? Life What Is A Brushing Scam? Financial Planning WTFinance: Annuities vs Life Insurance