Maybe it’s just another lesson in the art of the deal.
Donald Trump had the Internet flipping out — again — on his visit to the Mexican border last week by covering his signature orange coif with an ill-fitting white cap emblazoned with his campaign slogan, “Make America Great Again” — a slogan made famous by Ronald Reagan but recently trademarked by Trump.
While Trump’s campaign website doesn’t yet have a store, the hats quickly went on sale at Trump Tower in midtown Manhattan, a destination for tourists and some Fifth Avenue shoppers. The hats are available for $20 in a choice of red, blue or the white version Trump wore.
Or make that were available. As of Monday, the initial order of the Republican presidential candidate’s caps were sold out. A salesperson said the store expected to have them back in stock by the end of the week. In the meantime, the store still had plenty of $15 “Make America Great Again” t-shirts for sale. And if you’re really desperate to get your hands on Trump’s new lid, there are plenty of knockoffs popping up online.
Top Reads From The Fiscal Times:
- Donald Trump Just Showed Why His Campaign Is Doomed
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- Donnybrook in the Senate as Cruz Takes On McConnell
The White House on Friday unveiled plans for a new effort to ramp up testing for Covid-19, which experts say is an essential part of limiting the spread of the virus. This chart from Vox gives a sense of just how far the U.S. has to go to catch up to other countries that are dealing with the pandemic, including South Korea, the leading virus screener with 3,692 tests per million people. The U.S., by comparison, has done about 23 tests per million people as of March 12.
The Air Force has scrapped a planned upgrade of its B-2 stealth bomber fleet — even after spending $2 billion on the effort — because defense contractor Northrup Grumman didn’t have the necessary software expertise to complete the project on time and on budget, Bloomberg’s Anthony Capaccio reports, citing the Pentagon’s chief weapons buyer.
Ellen Lord, the undersecretary of defense for acquisition and sustainment, told reporters that the nearly $2 billion that had already been spent on the program wasn’t wasted because “we are still going to get upgraded electronic displays.”
Bernie Sanders wants to eliminate $1.6 trillion in student debt, to be paid for by a tax on financial transactions, but doing so won’t be easy, says Josh Mitchell of The Wall Street Journal.
The main problem for Sanders is that most Americans don’t support the plan, with 57% of respondents in a poll last fall saying they oppose the idea of canceling all student debt. And the politics are particularly thorny for Sanders as he prepares for a likely general election run, Mitchell says: “Among the strongest opponents are groups Democrats hope to peel away from President Trump: Rust Belt voters, independents, whites, men and voters in rural areas.”
That’s how much Michael Bloomberg is spending per day in his pursuit of the Democratic presidential nomination, according to new monthly filings with the Federal Election Commission. “In January alone, Bloomberg dropped more than $220 million on his free-spending presidential campaign,” The Hill says. “That breaks down to about $7.1 million a day, $300,000 an hour or $5,000 per minute.”