US President Barack Obama has been named Time Magazine‘s ‘Person of the Year’.
Managing editor Richard Stengel who unveiled the respected magazine’s choice on Wednesday, December 19, 2012 said it was ‘remarkable that the president won two terms with over 50 percent of the popular vote as a Democrat. He also noted that Obama took office in an economic crisis, and credited him with ‘creating a new political alignment like Ronald Reagan did forty years ago’.
This is the second time that Obama has been chosen by Time.
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