Learn More From These Charts Than You Would In An Entire Day's News Cycle

An average CEO makes HOW much more than an average worker?!


Did you know that corporate profits just hit another all-time high? Yeah, I find it hard to believe, too. But it's true:

Not only that, but CEO profits as a percentage of the economy just hit an all-time high. They're higher now than they've been for the last half-century. Pardon my language, but what the hell?

If the trickle-down effect was a real thing that really helped in a real way, really, that would mean that the workers employed by these CEOs are doing better, too. Right? Wrong.

Yes, you read that correctly. CEO pay is now 350 times that of an average worker. And it has skyrocketed 300% since 1990, while the average worker's pay has only risen 4%. All numbers adjusted for inflation.

And if you adjust for inflation and take a look at the average worker's hourly pay, you'll notice it hasn't changed at all in the last 50 years.

What does that all mean? Basically, while CEOs and shareholders are living large, the average worker's pay as a percentage of the economy has dropped to an all-time low.

These are just some of the charts published by Henry Blodget last week. I recommend taking a look at all of them — they are a veritable smorgasbord of information.
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Photo by Alfons Morales on Unsplash

Last month, the Chicago Public Library system became the largest in the country to eliminate late fees thanks to Mayor Lori E. Lightfoot.

While the move, which was implemented October 1, was intended to "remove unfair barriers to basic library access, especially for youth and low-income patrons," it had another positive outcome. Since the removal of overdue fees, along with the elimination of any outstanding charges on people's accounts, libraries across the city saw a surge in the return of overdue books over the last several weeks.

"The amount of books returned has increased by 240 percent…We're very, very happy to have that. … Those books have a value and cost money to buy. We want those assets back. We also want the patron to come back," Library Commissioner Andrea Telli said at a City Council budget hearing, the Chicago-Sun Times reports.

According to a press release from Lightfoot, late fees rarely have the impact they're intended to. "Research from other fine-free systems has indicated that fines do not increase return rates, and further that the cost of collecting and maintaining overdue fees often outweighs the revenue generated by them."

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via The Tonight Show Starring Jimmy Fallon / YouTube

Actress Kristen Bell and "The Tonight Show" host Jimmy Fallon showed off their vocal and comedic chops on Tuesday night when the performed a medley of 17 Disney songs, spanning nine decades, in just five minutes.

The duo started with 1940's "When You Wish Upon a Star" and ended with 2013's "Let it Go" from "Frozen."

Bell will reprise her role as Anna in Disney's upcoming "Frozen 2."

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We all know that social media can be a cesspool of trolly negativity, but sometimes a story comes along that totally restores your faith in the whole thing. Enter the KFC proposal that started off being mocked and ended up with a swarm of support from individuals and companies who united to give the couple an experience to remember.

Facebook user Tae Spears shared the story with screenshots from Twitter, and the response has been overwhelming.

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via Twitter / ESPN

Madison Square Garden in New York City is known for having hosted some legendary performances. George Harrison's Concert for Bangladesh in '71, Billy Joel's 12 sellouts in '06, and Carmelo Anthony's 62 points in a 2014 victory against the Charlotte Bobcats, just to name a few.

But it's hard to imagine one person holding the legendary arena in the palm of their hand quite like Pete DuPré, better known as "Harmonica Pete," did on Veterans Day.

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