One of the lesser-noticed targets of Donald Trump’s outrage this holiday season has been Time Magazine, whose editors chose German Chancellor Angela Merkel as their person of the year. Mr. Trump, who finished behind Ms. Merkel and Islamic State leader Abu Bakr al-Baghdadi, has complained about not being the magazine’s choice.

He is half right.

To be fair, Ms. Merkel did save the European Union from economic collapse, established Germany as a home for a million Middle Eastern and African refugees, and played a key role in defending the continent against Russian aggression and radical Islamic terror threats.