Why? It's Blatantly Irrelevant!
Look at just the past three choices for Time's Person of the Year; clearly there's not a modicum of relevance:
2010: Mark Zuckerberg. In the whole scheme of things, just how important is it that I tell my 856 friends that I'm having lunch at 'thus-n-such' diner with my "BFF--whoo-zits?!?"
2009: Ben Bernanke. Since when is unsustainable, out-of-control borrowing a valid solution for unsustainable, out-of-control spending?!?
2008: "Clown Prince ZERO-bama, the Narcissist." An excellent example that a "clean, articulate" smooth talker, reading from a well-programmed teleprompter is not sufficient experience to advance the greatest country on the planet with the largest economy on the planet!!!
2007 Vladimir Putin. Much like "Clown Prince" owe-bama, "Vlad" seeks to continue the basic communist principles, except where said principles conflict with the demands of the Ruling Class of either country. Putin did out-distance the "Clown Prince" with the level of government and Ruling Class corruption in their respective "sorta-free market" systems.
The history of this less-than-august selection indicates that just being well-known will put one in the running; even that year's total miscreants:
1938: Adolf Hitler.
1939: Josef Stalin.
1942: Josef Stalin.
1979: Ayatollah Khomeini.
While 'position' shouldn't even be considered over 'accomplishments;' nearly every U.S. president has been "Man (or Person) of the Year." For example:
1976: Jimmuh Cahtah (Jimmy Carter). What--exactly--did 'the Georgia peanut farmer' accomplish while in office?
Inflation over 17%;
Necessitated the 'Misery Index;'
"Around-the-block" gas lines;
Initiated a new--but proved ineffective as designed--Department of Energy;
Initiated a new--but proved ineffective as designed--Department of Education;
Gave away control of the Panama Canal;
Deregulated energy, transportation, communications and finance;
Need more be said?!? Time Magazine is using their "Person of the Year" designation as a last-ditch attempt at relevence!!