How much do people today spend on wedding receptions?
According to the context, people today spend tremendous amounts on wedding receptions. It reports that wealthy Jews may spend up to $40,000 for a child's wedding, and the same extravagant spending occurs elsewhere, with people willing to spend any amount of money just for that.
Les explains that he read in the Jerusalem Post that it is not unusual for wealthy Jews to spend up to $40,000 for their child's wedding. He notes the same extravagant spending happens here in America, and people will spend any amount of money on wedding receptions. He illustrates this by mentioning that the only Saturday available for a seminar was just before Easter because all other weekends were taken up with wedding receptions. He adds that while he and others don't put much stock in such spending, it reflects the makeup of society today.