While some young adults are living at home, (a recession trend we covered in November), others are partying it up as though we’re still in the ’90s. The LA Times noticed the boom when it covered the first Teen Party Expo, “where dozens of companies hawking tiaras, frilly dresses, disc jockey services and giant sheet cakes tried to capture a piece of the multibillion-dollar teen party market.”
Mothers planning quinceañeras, Sweet 16 parties, bar and bat mitzvahs and coming-out bashes barely batted an eye as teenagers modeled tiaras and chiffon dresses beneath a bright spotlight as an emcee uttered such phrases as “iridescent taffeta gown” and “sheer bodice.”
Think they’re worried about the recession? Try a $500 Renaissance taffeta gown.
Families are willing to splurge on a kid’s coming of age over a wedding because “this is still a milestone event, and you want to give your child that important day,” Lisa Hurley told the LAT. You’d think this was just as valuable as a college education, since parents apparently save up for years for the landmark event.
And of course, there’s always the prestige factor. Anyone who’s ever seen the vile My Super Sweet Sixteen on MTV knows that spoiled brats are just half of the equation responsible for the lavish ceremonies. No parent — no matter how badly suffering from the recession — wants to be outdone.