I take that to mean that if you have the means, it is is acceptable to pay for your children's education and maybe give them a downpayment for their first house or to start their own business. But if you give them so much that they don't have to work at all, they become shiftless bums with a warped sense of entitlement - liberals.
For those who become wealthy, keeping their children from being spoiled is probably the biggest challenge. It is disconcerting to see young people tooling around in a Mercedes that they didn't earn and being a ski bum in Vail, Colorado or being a beach bum in West Palm Beach, all on their parents dime. This is not conducive to raising solid citizens who grow up to make their own contributions to society.
On the other hand, wealthy parents who force their children to make it on their own are perceived as being selfish and cruel.
It's not easy to strike the proper balance when you are wealthy and raising children.
There was a show called “Lottery changed my life” on the other day. It was insanity writ-large for some of them.
They mentioned that one lady had started giving her kids $1000 a month in allowance, not counting the ATV’s. She had to trade it in later and cut back on everything else.
Don’t tell your kids how much money you really have...
THe kids at the high school where mine go, drive BMWs Lexus, RangeRovers etc. truly disgusting in my opinion. Why on earth would you give a 16 year old a car like that. Many times it’s the parents so wanting their kid to be cool. I see so many of my daughters friends that are going to make terrible wives because they have never been told no. Poor future husbands.
“On the other hand, wealthy parents who force their children to make it on their own are perceived as being selfish and cruel.”
Baloney
In the '70s I was making multiple six figure incomes, owned a bar and several other businesses and I told both of our kids that if they wanted a car, they were free to buy one, with their own money that they earned.
If they wanted to go to college, I'd help them get jobs or student loans but I wasn't paying for their cars or education after high school.
Both kids earned multiple Master degrees, and have had many cars and homes which they paid for from their own earnings.
Both are raising my grand children with the same philosophy and my oldest grandson is a straight A student as a freshman in college, and my younger ones are 3.5 + students in high school and grade school and all have jobs.
My oldest grandson started his own lawn care business when he was 14, including buying his own mowers, and equipment.
When he turned 16 and bought a truck, he was earning over $6K a month, had two legal immigrants working for him and paid off all of his equipment loans.
I wondered why he went to college, but it's his choice.
I gave my kids love and opportunity, and they had an allowance {which they earned} and I always stressed the importance of work and productivity.