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Jump into action. you ve got one guy e who grabbed a fire extinguisher, another guy who grabbed a 5-foot-long tusk off of after a wall. everybody took what they could get to chase this guy out of there and get the knife out of his hand. incredible feat. leland: that conference was called learning together. there were folks there who had to learn, as you point out, very quickly about how to deal with an attack as it happened. laura: right. all right. well, we ll have more as the day develops. leland, also here at home we re talking about u.s. distributers who are trying to manage the recent 25% punitive tariffs placed on e.u. imports on a number of products including french wines, single malt scotch and irish whiskey. that might make some people sit up and pay attention. so will it make an impact on your wallet? joining us now is the owner of pittsburgh s dread knot wines and other thanker of school ....
Rescuers found the bodies of two other children. the national weather service is warning people in the path of this storm, don t be on the roads unless you have to be. laura? laura: wow. incredible pictures and an important message. thank you so much. we hope everyone gets home safely after this holiday weekend. thank you. leland: there is the white house christmas tree, there is the bethlehem christmas tree overlooking manger square. we ll tell you about the lighting ceremony coming up. possibly. tooth loss. help turn back the clock on gingivitis with parodontax. leave bleeding gums behind. parodontax. ....
Leland: all right. people in the streets of hong kong singing the u.s. national anthem and waving american flags one day after president trump signed two bills backing the pro-democracy protesters there in hong kong. the chinese foreign ministry calling the move a, quote, severe interference in hong kong affairs, serious violation of international law and basic norms governing international relations. shocking, the chinese are not so happy about pro-democracy protesters, laura. what s interesting to watch now as we re seeing is how much this is energizing the protesters in hong kong. from the south china morning post there in asia, a sense of unease hangs over hong kong as protesters prepare for anti-government rally near site of violent crash between radicals and police. this has certainly emboldened the protesters to get this real voice of support from president trump and not only from the president, but also from both chambers of congress that passed ....
Massive consumer debt. but on the other hand, you know, we have interest rates that are so low right now, now is not a bad time to be borrowing. leland: you know as well as i do that if the rates go up even just a little bit, they go up a lot on credit cards. that s true. leland: that is a very big squeeze. that s a fair point. my point is though, you know, when i was graduated from college, we had 14, 15 interest rates. now they re 2 and 3 and 4% leland: i think i [laughter] look, i mean, the point is, you know, the low interest rates have been a boon to the economy as well. now, you raise a good question, are they going to last, how long are they going to last. i wish i knew the answer to. that but i never thought i d see the day when you have interest rates this low, and it is a blessing. and, you know, when you combine that with low unemployment and rising wages, people just feel good about their financial situation and they re spending. leland: clearly, that s what we re ....
Laura? laura: all right, ellison, maybe we can compare notes later today. thank you so much reporter: you bet. laura: for that report. leland: we bring in steve moore of the heritage foundation, friend of the show well, to talk about how this all plays in all right. big picture, as an economist, do you care whether people are spending it online or in stores or on their smartphones? you know, we they call it cyber monday, maybe we might have to call it cyber friday, because it looks like more sales were done, leland, this weekend online than in retailers. yeah, you know, i do worry about the retail sector. it s a major part of employment and the shopping malls of the country. but the most important thing is are people spending, and the absolute answer right now is, yes. leland, this is a blockbuster economy. i mean, we just had further evidence of this this week. and i ve been talking a lot on this show leland: you talk about a block buster economy, and then you talk about h ....