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prada official outlet frightens me is the thought that my kids might someday hang out with kids who have BMWs and $1,000 handbags, who run up their parents' credit cards and demand more. Either way, a good parent wards off bad influence. Good parents like my friend, a Harvard educated Mexican American investment banker based in Dallas. Through hard work and risk taking, he built a comfortable life and provided the same for his daughter. And yet, his challenge, he told me, was teaching her the value of a dollar and instilling in her the ganas that he had growing up in humbler surroundings. My friend has his work cut out for him. Those who can afford to satisfy their child's every whim often do so, and even those who can't will whip out the plastic and go deeper into debt. Thousands of parents are flocking to seminars where experts tell them how to stand up to demanding kids, how to say no, and how to hold firm. Que lstima. I can't imagine my grandpa ever needing a seminar to remind him who was the parent and who was the kid. A spanking, a scolding, or even a disapproving look did the trick. So they give in. According to a company called Packaged Facts, families with kids aged 3 to 12 fork out $53.8 billion annually on entertainment, personal care items, and reading material for their children. And when the kids get older, they take their parents' credit cards, or their own disposable income, and buy even more goodies. Last year, according to a firm called Teen Research Unlimited, 12 to 19 year olds forked out a whopping $175 billion. You name it, kids are buying it, wearing it, or playing with it: from designer labels to high priced sneakers to the latest electronic gadgets. I blame the parents. So many want to be their kids' best friends, and they never get around to being parents. The mistake that they make is not that they're too strict, but too lenient. The result is a generation that, experts fear, has been conditioned to see luxuries as entitlements. Which will only hurt them in the long run. Leave them alone. Whatever you do, I said, don't try to rope them into some government welfare program designed to make them dependent on liberal Democrats. The disadvantaged kids at least