As much as i despise patriotic displays, i still think they can offer great value as a lesser evil when even more dangerous group pride identities (e.g. religious or ethnic radicalization) are just waiting to fill the gap for those in need. Not only the american, but also the french or british group identities are much more accessible than for example german (much of national identity defined by difficult relationship with history, newcomers don't share that heritage) or belgian (much of national identity defined by being of either flemish or wallonian ethnicity, newcomers are neither).
We frown upon these things not because of what happened, we frown upon them because of what we don't want to happen again. The past might be long gone, but the future is always right around the corner.