Four years ago, with little hesitation, we endorsed then-Sen. Barack Obama to become the 44th president of the United States, saying it was a time for “new leadership, a new approach to governing, a new way of conducting the people’s business.”

So the basic question facing The Telegraph editorial board when it met last week came down to this: Did the former Illinois senator do enough to live up to those admittedly high expectations to warrant a second term?

After several hours of spirited debate, not unlike conversations taking place in kitchens and living rooms across America, we reached a consensus that he had not. Perhaps more importantly, when we identified the key challenges facing the nation – jobs, the economy and the national debt – we concluded he was not the best candidate to meet them.

That person is former Massachusetts Gov. Mitt Romney, and we hereby endorse him to become the 45th president of the United States.