Dec 19 2012, 10:17am CST | by Luigi Lugmayr
Washington, Dec 19 — TIME magazine has named President Barack Obama as its Person of the Year citing his historic re-election "turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union".
"He's basically the beneficiary and the author of a kind new America - a new demographic, a new cultural America that he is now the symbol of," TIME editor Rick Stengel said announcing the magazine's choice on NBC.
"He won re-election despite a higher unemployment rate than anybody had to face in basically in 70 years. He's the first Democrat to actually win two consecutive terms with over 50 percent of the vote," he noted.
His re-election meant "the Obama effect was not ephemeral anymore, no longer reducible to what had once been mocked as 'that hopey-changey stuff,'" the magazine noted in a piece outlining its choice.
"It could be measured - in wars stopped and started; industries saved, restructured or reregulated; tax cuts extended; debt levels inflated; terrorists killed; the health-insurance system reimagined; and gay service members who could walk in uniform with their partners.
"It could be seen in the new faces who waited hours to vote and in the new ways campaigns are run. America debated and decided this year: history would not record Obama's presidency as a fluke," Time wrote.
(Arun Kumar can be contacted at firstname.lastname@example.org)
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
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