Who you gonna call to fix the economy? Kids.
The Dow dropped 5,585 points since its high a year ago, banks have been afraid to lend and the government bought billions in toxic mortgage-backed securities. So CBS's "The Early Show" went to some top finance experts to explain what was happening to viewers, right? Nope, they went to kids, Oct. 10.
Weatherman Dave Price talked to fifth graders in Arlington, Va., about the credit crisis, exclaiming, "You wouldn't believe how much they know, sometimes we ought to listen to them and their solutions."
"What one thing does your mom waste money on?" Price asked one student.
"Mmm, smokes, I guess," a fifth grade girl from Glebe Elementary School replied.
With sound financial commentary like that Price just dug deeper, asking, "How many Miley Cyrus tickets do you think you could buy with $700 billion?"
"Probably either ten or a hundred," the same girl said.
"You know what? With math skills like that, you could be the next Treasury Secretary," Price said.