Politicians wearing a Rolex?

[Poor]

Because I'm currently a political science and history major, I've done immense amounts of research into the effects of political policies decades after their implementation. In doing research, I've found pictures of congressmen and Presidents wearing Rolex watches. I'm all about free enterprise and being able to spend your earned income any way you see fit, HOWEVER do you believe politicians should outwardly flaunt expensive items such as a Rolex in a public venue?

On one hand, politicians have risen through the ranks and drudges (or had the "right" last name) to become successful members of society. If they so feel inclined, they should be able to spend their money on an expensive watch. On the other hand, politicians are elected by constituents who see this person as being "like them" and I'd be willing to bet that most constituents don't own anything nearly as expensive as a Rolex. Because the taxpayers are paying the salary of their elected leaders, should a politician refrain from wearing something that many constituents would feel excessive particularly in our current atmosphere?