I personally believe a parent should give everything their child wants. If they do that, they have a MUCH better chance and a MUCH higher probability of being successful than the poor schmuck that has to languish at the bottom unnecessarily because their parents are greedy fucks, despite being their decision and no one else to have a child. It is their obligation to give as much as they can. This is why Jews outperform all other segments of the population despite being a small percentage. Mormons also do this, but to a much lesser degree as they are not as intelligent nor as wealthy.
No, I absolutely agree with you there. I think the problem comes with giving them everything without instilling in them why, and how the money to give them these privileges was earned.
Two of my grandparents were like this, and invested heavily in us. The difference is that the baby boomers expect this, I realize what a rare blessing it is.
My grandparents generation worked, and worked, and worked and saved their own money. Their goal was to pay their houses off, and save and invest their own money. Somehow, their kids now believe these privileges in life (that their parents earned) are their and everyone's birth right in life.