This last P leads to Jerry's observation on why today's parents spoil their children. He says, "We feel so guilty for destroying their innocence - which is what we did - so we're now trying to repair that by creating perfect childhoods for our children." So parents attempt to buy that perfect childhood with stuff. Buying stuff is so much easier than actually being a good parent. A good parent knows that delaying gratification teaches a valuable lesson, that is, stuff is only possible and satisfying through hard work.
I probably shouldn't make this post about politics, but I have to wonder if one reason politicians try to "give" voters unlimited goodies is because they feel guilty for destroying our country? Just like with today's parents, today's politicians are trying to create the "perfect" society and, in the process, are creating many messed up voters. Voters have come to expect government will solve their every problem. And it does not matter if the cost is passed down to future generations. Parents today should be ashamed of what they have done to their children by ignoring timeless principles such as hard work and delayed gratification and trying to create an illusion of a perfect childhood or society without sacrifice.