AP: "Net worth of U.S. households skyrockets"

I BLAME BUSH:

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.

Net worth — the difference between households' total assets, such as houses and bank accounts, and their total liabilities, such as mortgages and credit card debt, totaled $55.6 trillion in the October-to-December quarter.

That marked a 2.5 percent growth rate from the third quarter, the previous quarterly record high. Stocks gains helped fuel the increase in net worth, although real-estate gains played a role, too.

For all of last year, households' net worth rose by 7.4 percent

THE BUSH BOOM - NEARLY UNHEARD BY THE MSM, THE DEMS OR THE LEFTY... HEY, YO, KRUGMAN: WHERE'S THAT FRIGGIN' RECESSION YOU'VE BEEN PROMISING!?!?!