The Reagan era was undoubtedly the most prosperous period in recent U.S. history; the Obama era is without doubt the least prosperous period in recent U.S. history.
America, under Reagan, became a strong and successful country; Under Obama, America has become an incredibly feeble and hapless country.
Nevertheless, Time Magazine has named Barack Obama its Person of the Year, because, as the Magazine explained on Wednesday, "his presidency spells the end of the Reagan realignment that had defined American politics for 30 years."
That's right, Obama is Time Magazine's Person of the Year because he is the antithesis of the great Ronald Reagan, who was one of the most successful and outstanding Presidents in U.S. history.
Obama was also Time Magazine's Person of the Year in 2008; they really are infatuated with Obama!
Nevertheless, Time Magazine's 2012 and 2008 pick is not really all that surprising when you consider the fact that the magazine has a unique method in how it chooses its Person of the Year.
In 1979, Time Magazine named Ayatollah Khomeini its Person of the Year.