Slow economy or not, America's CEOs are doing just fine. According to the AFL-CIO's paywatch databse, CEO pay among S&P 500 firms grew 22.8% on average in 2010 and then another 13.9% in 2011. Little wonder so many companies are hoarding cash and not taking risks, Matt Yglesias writes: "People who are seeing double-digit pay increases have very good reason to be risk averse."