Posted: 12/19/2012 7:53 am EST / Updated: 12/19/2012 9:37 am EST
President Barack Obama has been named Time’s Person of the Year.
Managing 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.”
This is the second time that Time has chosen Obama. The magazine said it named him Person of the Year in 2008 for winning against the odds and becoming the first black president of the United States.
“For finding and forging a new majority, for turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union, Barack Obama is TIME’s 2012 Person of the Year,” Stengel explained in his note this year.
Beyond the Oval Office, overwhelming challenges remain: deadlocked fiscal-cliff talks; a Federal Reserve that predicts years of high unemployment; and more unrest in places like Athens, Cairo and Damascus. But the President seems unbound and gives inklings of an ambition he has kept in check ever since he arrived at the White House to find a nation in crisis.
Malala Yousafzai, the Pakistani girl who was shot by the Taliban for fighting for better girls’ education, was this year’s runner-up. Other finalists included: Egyptian president Mohamed Morsi; Bill and Hillary Clinton, Yahoo! CEO Marissa Mayer, Apple CEO Tim Cook, CEO of Apple, and the three scientists who discovered the Higgs Boson particle.
Time’s Person of the Year is an annual tradition. Last year, the magazine chose “the protestor” in recognition of demonstrations all over the world, including Arab Spring, Occupy Wall Street and the anarchists in Greece.
In the last few years, young people have even many reasons to delay the costly trappings of adulthood. Pinned between rising student debt behind them and scant job opportunities before them, 34% moved back home for a period of time. With access to their parents’ garage, they needed (and could afford) fewer cars of their own. Young people now account for a smaller share of total auto purchases than they did just a few years ago.
It all leads to babies. Or, more specifically, not babies. In February this year, a Pew survey found that more than one-in-five young adults between 18 and 34 have delayed having a kid because of the economy — roughly the same proportion that postponed marriage. “Americans have had fewer babies each year since 2008, Bloomberg News reported yesterday. “Births [fell] to a 12-year low in 2011,” leading to the smallest population gain since World War II.
For a couple, pushing the pause button on weddings, houses, cars, and children is utterly sensible. (Look at the economy, after all.) But for the economy, itself, it’s disastrous.
The people demand vibrators! Perhaps you haven’t been following: Trojan was set to give out a bunch of free vibrators “from hot-dog-style pushcarts” on city streets yesterday, which they did … for a while. Until, Amber Sutherland, Jennifer Bain, and Todd Venezia write, things got out of hand—the crowds were too large, apparently, and the promotion was shut down before its 4 p.m. Flatiron giveaway could ensue.
Monserrate is a mountain that dominates the city center of Bogotá, the capital city of Colombia. It rises to 3,152 metres above the sea level, where there is a church with a shrine, devoted to “El Señor Caído”.
This month we present a view of Afghanistan seen from the perspective of a single photographer, Martin Middlebrook. He has spent much of the last three years documenting the real lives of ordinary people across Afghanistan, for a project called ‘Faces of Hope’.