The rich are getting richer -- in a big way. So if rich is good, then richer is better. There's an explosion of wealth creation in the U.S. these days But it's not about trickle-down economics. It's more a matter of gusher-up capitalism.
The stock market and --at least until recently -- the real estate market have created billions in new wealth. Forget about CEO pay. What's a $200-plus million severance package for the head of a Dow 30 component, when hedge fund managers are routinely making that kind of money in a year. Three made a billion dollars or more last year. The high-flying world of private equity is also creating billions in income.