Time Magazine selects Obama as Person of the Year 2008





On Friday, Dec. 5, the President-elect sat down with TIME managing editor Richard Stengel, editor-at-large David Von Drehle and Time Inc. editor-in-chief John Huey in Obama's spartan transition offices in Chicago to discuss his plans for the coming months, the improbability of his victory and how he's fighting to stay in touch with the real world from inside the presidential bubble. Excerpts from their conversation:

What kind of mandate do you have?

Well, I think we won a decisive victory. Forty-seven percent of the American people still voted for John McCain. And so I don't think that Americans want hubris from their next President. I do think we received a strong mandate for change ... It means a government that is not ideologically driven. It means a government that is competent. It means a government, most importantly, that is focused day in, day out on the needs and struggles, the hopes and dreams, of ordinary people. And I think there is a strong mandate for Washington as a whole to be responsive to ordinary Americans in a way that it has not been for quite some time.

When voters look at your Administration two years from now, in the off-year election, how will they know whether you're succeeding?

I think there are a couple of benchmarks we've set for ourselves during the course of this campaign. On [domestic] policy, have we helped this economy recover from what is the worst financial crisis since the Great Depression? Have we instituted financial regulations and rules of the road that assure this kind of crisis doesn't occur again? Have we created jobs that pay well and allow families to support themselves? Have we made significant progress on reducing the cost of health care and expanding coverage? Have we begun what will probably be a decade-long project to shift America to a new energy economy? Have we begun what may be an even longer project of revitalizing our public-school systems so we can compete in the 21st century? That's on the domestic front.


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