Spoiling Our Kids

Many parents are spending newfound wealth on their children--instead of spending time

My desires are pretty basic. They run along the lines of world peace, good health and an Easy Bake Oven--an item I have coveted since childhood. Don't get me wrong: I had plenty as a child, but I never possessed the light-bulb-powered "amazing toy oven that really bakes!" I ought to be over it. (We did, after all, own a pony.) But the fact is, I can't forget the toy I never got.

Childish feelings of mini-deprivation like this are, I suspect, helping fuel a run on luxury products for kids by parents who feel that their darlings should never go...

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