Quote of the Day

Since Trump took office, America has lost much of its global standing. It is no longer considered a beacon of tolerance and democracy, and is seen as uninterested if not hostile to much of the rest of the world. A Gallup poll in early 2018 found that global confidence in U.S. leadership never has been lower, and China now stands in higher overall favor.

My anecdotal experience is consistent with this data. When I was in Nigeria last year, a cab driver in Lagos cackled to me that “Now America finally has a Nigerian president!”

Tyler Cowen