Net worth of U.S. households skyrockets.

WASHINGTON - The net worth of U.S. households climbed to a record high in the final quarter of last year, boosted mostly by gains on stocks, the Federal Reserve reported Thursday.
[…]
Economists said Thursday’s report suggest households’ finances are holding up fairly well to any strains caused by the troubled housing market and well as some sluggishness in overall economic growth. Analysts said that’s because the jobs climate remains in good shape and income growth has picked up.

Can you feel the pain?

Hey Democrats, where are your Hoover references, now?