Tim McMahon

Work by editor and author, Tim McMahon, has been featured in Bloomberg, CBS News, Wall Street Journal, Christian Science Monitor, Forbes, Washington Post, Drudge Report, The Atlantic, Business Insider, American Thinker, Lew Rockwell, Huffington Post, Rolling Stone, Oakland Press, Free Republic, Education World, Realty Trac, Reason, Coin News, and Council for Economic Education.

London Infrastructure

Trends in Digital Infrastructure- Infographic

Normally, we spend quite a bit of time looking at precious metals like Gold and Silver, Oil, Real Estate, the Stock Market and other related trends. But, today we are going to look at something entirely different. Something that perhaps you haven’t given much thought to. Ten to Fifteen years ago, I was involved in the Information Technology (IT) field and was responsible for setting up regional offices in cities as different as Berlin is from Bangkok. These far flung offices were in regions of the world from Brazil to Zimbabwe and the major limiting factor was internet access. Although it was common enough in most developed countries, in many areas getting a dedicated IP address along with a high speed internet connection was near impossible. Fortunately in the intervening years high speed connections have become much more common even in the remotest of locations. This has allowed development of critical computer skills even among poor nations. And long term, this may provide a path toward economic development for these countries. But even developed countries may be suffering from a lack of infrastructure as you will see from the following article.

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How's the Middle Class Doing

How is the Middle Class in the U.S. Doing? (Infographic)

In the United States we consider a family with a household income of less than $100,000 to be “Middle Class”. But how well are families really doing? Let’s look at middle class income, net worth, taxes, etc since the recession of 2008. According to the 2010 census, the median household income was $51,371. Which means that half the households earn more and half earn less.
If we break the population up into 5 segments of 20% each we can get a closer look at how the population as a whole is doing. Based on the $100,000 definition, the “middle class” probably comprises segments 3 and 4 of the total population. Households in the top 20% earned about $239,100 per household and those in the bottom 20% earned about $24,100 before taxes. But that doesn’t tell the whole story…

How is the Middle Class in the U.S. Doing? (Infographic) Read More »

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