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Augen said:
sc94597 said:

Considering though that the median household income has increased by a few thousand (when adjusted for inflation), and we must look at things on the margin, it is perfectly possible for there to be more disposable income to spend on children gifts. Especially when we consider how the economy has changed since the 80's. I think the amount people spend on their children depends on how many children they have. If a child is an only child, $1,000 seems perfectly possible as an average. If a child has a sibling, the spending on each child likely won't be cut in half, but it also likely won't add up to $2,000. So on and so on. Since middle-class people are having fewer kids than in the past, this is also a likely reason why the kids they do have receive more. 

Actually when inflation is brought in little has changed.  Sure, you make more, but when you spend more not really left with great deal more for discretionary funds.

When I think about my peers and trying to get started while paying off student loans they actually live leaner than their parents did in the 70s/80s at same stage of life.  Also, among all my peers only one couple has a child, to many of us having a kid in your 20s is financial suicide.  I cannot imagine being able to spend a grand on gifts for a holiday and I am better off than the example outlined in the OP.

I already considered inflation. The average wage from 1989 to 2011 is about $4,000 more (after considering inflation.) And also we must remember that inflation doesn't affect all markets equally. If we look at marginal differences, then it makes sense that a little bit extra money could be spent on preceivingly wasteful goods, just because everything else was already covered. Most orthodox (and heterodox) economists accept marginalism. 

And your second paragraph supports my claim. People are having children much later in life, when they are much more financially stable, and they are not having multiple children. For that reason, they are more capable of spoiling their children. 

Anyway, I went to an average lower middle class public high school, most of the students got $500-700 worth of gifts for Christmas, and $100-200 birthday gifts. That was between the years of 2009-2012. So it doesn't seem bizarre to me at all that the topic creator has seen kids get $1000 worth of gifts in a year. 



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Of Course! Never limit your options and play any exclusive to your hearts content.



" It has never been about acknowledgement when you achieve something. When you are acknowledged, then and only then can you achieve something. Always have your friends first to achieve your goals later." - OnlyForDisplay

I think even if you had a huge amount of money and a tonne of free time on your hands that you're not devoting to a social life you're going to find it hard to fit all platforms into your schedule for gaming, especially if you decide to game on a PC and all 3 current consoles.

Personally PS4 is my 1st current gen platform, I'll be getting a Wii U when Zelda and Starfox come to it, but anything else is hard to fit into free time.
It's only if a game I actually feel that I need to play that I'd get an Xbox One, that game hasn't been shown too me.
I'll build a PC at some point, but that would be for trying to start developing my own indie games and maybe the odd indie or F2P title that doesn't come to consoles.

Too a point I think the average working adult has to be selective about what platforms they get, finances and time to actually use them is an issue for me.



generic-user-1 said:

i dont think that longer work hours mean more succes. people work a lot better if they work less hours. less errors, more creativity, faster workspeed...

Hard work in establishing a new company and arranging partnerships and links in the industry that will actively help the company in future means more success.

Besides, he thrives off of heavy workload, not once has he complained about it and the work he is doing is earning him shitloads of money so it's clearly very good work.

You really shouldn't try to apply a general attitude towards work ethic to individuals, it doesn't work like that.



Tachikoma said:
generic-user-1 said:

i dont think that longer work hours mean more succes. people work a lot better if they work less hours. less errors, more creativity, faster workspeed...

Hard work in establishing a new company and arranging partnerships and links in the industry that will actively help the company in future means more success.

Besides, he thrives off of heavy workload, not once has he complained about it and the work he is doing is earning him shitloads of money so it's clearly very good work.

You really shouldn't try to apply a general attitude towards work ethic to individuals, it doesn't work like that.

ohh, im sry, i dont think its his problem, or his choice, its a big problem in the japanese society.  long working hours are normal for "good" workers, even if they dont get more work done in 12 hours than european workers in 8.

sure some people realy love working their job and want to work as much as possible.



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generic-user-1 said:
Tachikoma said:
generic-user-1 said:

i dont think that longer work hours mean more succes. people work a lot better if they work less hours. less errors, more creativity, faster workspeed...

Hard work in establishing a new company and arranging partnerships and links in the industry that will actively help the company in future means more success.

Besides, he thrives off of heavy workload, not once has he complained about it and the work he is doing is earning him shitloads of money so it's clearly very good work.

You really shouldn't try to apply a general attitude towards work ethic to individuals, it doesn't work like that.

ohh, im sry, i dont think its his problem, or his choice, its a big problem in the japanese society.  long working hours are normal for "good" workers, even if they dont get more work done in 12 hours than european workers in 8.

sure some people realy love working their job and want to work as much as possible.

He isnt japanese,  and is in hong kong and LA most of the time. 

Lol