[extropy-chat] millionaires in America

[Damien Broderick]

At 07:43 PM 7/28/2005 -0700, Mike wrote:

> > In other words, if I've done my add-ups right, for every millionaire
> > household that produces at least one millionaire offspring, it takes
> > 110 poorer households to produce one. I think this was the ratio
> > Robbie was looking for.
>
>Uh, no. It means that someone from a millionaire family is 3 times more
>likely to become a millionaire than someone not from a millionaire
>family.

I seem to have failed to count some fingers. Barbara tells me that we're 
both wrong, but I'm wronger than Mike: the ratio is 1/6.9 (but she's even 
more tired than I am, so dog knows...).

Damien Broderick