This rounds off a remarkable year for the President, given that a year ago his polls numbers were in the low 40%s. No President had ever been re-elected with such low numbers. To many, Obama's Presidency was running into the sand, faced with a resurgent Republican Party who delivered a "shellacking" to the Democarts in 2010 and whose avowed aim was to make him a one-term President.
But in a display of courage and perseverance, he fought back. With the addition of a bit of luck (e.g. the Supremes backed his Healthcare Bill), he was indeed re-elected.
To add to the good news:Managing editor Richard Stengel unveiled the magazine's choice on Wednesday's "Today." He 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."
The President's job approval is at its highest since Osama bin Laden was shot. One CBS poll has his rating as 57%; the lowest is 48%.
2012 Person of the Year: Barack Obama, the President | TIME.com
What next for Barack Obama? Basically he has 2.5 years at most before he becomes a lame duck. What might he do?