Oh Hello, Face! Meet Palm. Because You're About To See A Really Uncomfy Chart About The Super-Rich.

Sometime around 50 years ago, something extreme started to change in the way rich people make and earn money in America. Actually, it was so extreme that we're still reeling from it now.

So what’s going on? Plenty. The very, VERY short story is this: Around 50 years ago, the super-rich started to gain the majority of their wealth less from salaries and more from the stock market ... all while having to follow fewer and fewer rules on their investments and profits.


See that income inequality jump in the '90s-'00s? Well, between 1992 and 2007, the average salary of the richest/wealthiest/most well-to-doiest 400 American people doubled, but the average capital gains (aka investments) haul increased 13x. Yes: thirteenfold increase. Lucky 13 (for the richest 400 people)! That’s 2x the salary and 13x the investment money. Sounds nice! Can I get that?

But here’s what’s crazy: As you can see from the chart above, there’s income inequality among the super-rich! The 99% of the super-rich are leagues below the 1% ... of the 1%. It’s like income inequality INCEPTION. Whoa.

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If you're a woman and you want to be a CEO, you should probably think about changing your name to "Jeffrey" or "Michael." Or possibly even "Michael Jeffreys" or "Jeffrey Michaels."

According to Fortune, last year, more men named Jeffrey and Michael became CEOs of America's top companies than women. A whopping total of one woman became a CEO, while two men named Jeffrey took the title, and two men named Michael moved into the C-suite as well.

The "New CEO Report" for 2018, which looks at new CEOS for the 250 largest S&P 500 companies, found that 23 people were appointed to the position of CEO. Only one of those 23 people was a woman. Michelle Gass, the new CEO of Kohl's, was the lone female on the list.

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popular

How much of what we do is influenced by what we see on TV? When it comes to risky behavior, Netflix isn't taking any chances.

After receiving a lot of heat, the streaming platform is finally removing a controversial scenedepicting teen suicide in season one of "13 Reasons Why. The decision comes two years after the show's release after statistics reveal an uptick in teen suicide.

"As we prepare to launch season three later this summer, we've been mindful about the ongoing debate around the show. So on the advice of medical experts, including Dr. Christine Moutier, Chief Medical Officer at the American Foundation for Suicide Prevention, we've decided with creator Brian Yorkey and the producers to edit the scene in which Hannah takes her own life from season one," Netflix said in a statement, per The Hollywood Reporter.

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Culture

At Trump's 'Social Media Summit' on Thursday, he bizarrely claimed Arnold Schwarzenegger had 'died' and he had witnessed said death. Wait, what?!


He didn't mean it literally - thank God. You can't be too sure! After all, he seemed to think that Frederick Douglass was still alive in February. More recently, he described a world in which the 1770s included airports. His laissez-faire approach to chronology is confusing, to say the least.

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Democracy

Words matter. And they especially matter when we are talking about the safety and well-being of children.

While the #MeToo movement has shed light on sexual assault allegations that have long been swept under the rug, it has also brought to the forefront the language we use when discussing such cases. As a writer, I appreciate the importance of using varied wording, but it's vital we try to remain as accurate as possible in how we describe things.

There can be gray area in some topics, but some phrases being published by the media regarding sexual predation are not gray and need to be nixed completely—not only because they dilute the severity of the crime, but because they are simply inaccurate by definition.

One such phrase is "non-consensual sex with a minor." First of all, non-consensual sex is "rape" no matter who is involved. Second of all, most minors legally cannot consent to sex (the age of consent in the U.S. ranges by state from 16 to 18), so sex with a minor is almost always non-consensual by definition. Call it what it is—child rape or statutory rape, depending on circumstances—not "non-consensual sex."

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Culture