Thursday, December 17, 2015

American Middle Class is Shrinking - Pew Report - 2015



Pew starts with the U.S. median household income.

Then Pew defined "middle class" as households that had at least two-thirds of the median income, but no more than double that amount adjusted for household size.

Based on the above definition, for a household with three people, being middle class means making between about $42,000 and $126,000. If a  family of three makes less than $42,000, then it is  in the lower class. If  it makes more than $126,000, it is  in the upper class.

Based on this definition, middle in America is shrinking.

Tuesday, May 19, 2015

Pittsburgh - India Community




An interesting site

http://www.pittsburghindia.com/




Pittsburgh Venkateswara Temple
https://www.svtemple.org/Home.aspx



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Uploaded by rammaruthy



Indian Community Center, Website

http://www.iccpittsburgh.com/

Monday, February 2, 2015

USA Budget for 2016

President sent his budget of $4 trillion.

The budget called for $3.99 trillion in spending for the fiscal year beginning Oct. 1, a 6.4% increase from the current year. It also estimated that revenue would total $3.53 trillion, resulting in a $474 billion deficit, the lowest since 2008.

The budget year starts from 1 October.

http://www.wsj.com/articles/obama-to-detail-nearly-4-trillion-budget-for-fiscal-2016-1422874801