Did Time Magazine Get it Right by Choosing President Obama 2012 Person of the Year?

Time magazine announced Wednesday that President Barack Obama was named 2012 Time Person of the Year. Obama beat out runner up Malala Yousafzai, the Pakistani teenager shot in the head by the Taliban for sticking to her principles for women’s rights. Obama also was Time Person of the Year in 2008. The last person to win the title twice was former President George W. Bush.

According to The Huffington Post, Richard Stengel, managing editor of Time, said it was remarkable that Obama won two terms with more than 50 percent of the popular vote as a Democrat. He reportedly said Obama earned the honor "for finding and forging a new majority, for turning weakness into opportunity and for seeking, amid great adversity, to create a more perfect union.”

Do you think Time got it in naming President Barack Obama 2012 Time Person of the Year? Tell us in the comments.