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What a wonderful and thought-provoking post. I agree with Annemarie that it seems to be a generational thing. It was certainly not the case when I was a child that children's achievements were celebrated in the way they are now, not that I can remember - but is that such a bad thing?
There's a fine line of course but I think there are more children out there today who are not told they are amazing and fabulous and capable than those that are. No-one wants to bring up a spoilt, demanding child but I'd rather one brimming with self-confidence because they've been built up than one that is not.
We have friends in New York who says their friends' children are frequently told they are 'awesome'. Although this made me feel a little uncomfortable at first (British reserve?), they told me they thought this was a good thing, and I have to agree.