I have a fine grip missy, trust me.
You failed to answer the question. What are all these luxury items being showerd on these young people?
When you compare what American teens have against what most of the world's people have, they do just fine. They have good clothes, usually a decent car to drive, they get an education and some get it practically free, parents give kids what they didn't have growing up and a lot of them don't have a great work ethic. I know there are many exceptions, especially from parents who realize that handing money and goodies over to their children is not in their best interests.