we are on the case on the lewis gerri: time ma the one drumroll, please. time magazine has named person of the year barack obama. it's not so surprising. it's the president. the editors commend the president for building what they call a coalition that spells the definition of american politics. is that i think we meant i thought that was a good thing? craziness, right? and there are things that time magazine didn't even mention their stories. the most astonishing one in roanoke, virginia. it is about how the government is part of all that is good. >> f you have a businessyo can build out. somebody else made that happen. gerri: no, it wasn't just a one-time plan. the president had shown just how out of touch he was with the private sector when he had skyhigh unemployment and economic growth that was anemic. he said this. >> the private sector is doing fine. gerri: okay, not only does the president not seem to have respect for the private sector and fails to grasp economic essentials, but he also h a novel approach to international relations. striking speci