Hyperbole is the currency of presidential campaigns, but this year the nation's future truly hangs in the balance.
The United States is battered and drifting after eight years of President Bush's failed leadership. He is saddling his successor with two wars, a scarred global image and a government systematically stripped of its ability to protect and help its citizens - whether they are fleeing a hurricane's floodwaters, searching for affordable health care or struggling to hold on to their homes, jobs, savings and pensions in the midst of a financial crisis that was foretold and preventable.
Given the particularly ugly nature of Mr. McCain's campaign, the urge to choose on the basis of raw emotion is strong. But there is a greater value in looking closely at the facts of life in America today and at the prescriptions the candidates offer. The differences are profound.
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The American financial system is the victim of decades of Republican deregulatory and anti-tax policies. Those ideas have been proved wrong at an unfathomable price, but Mr. McCain - a self-proclaimed "foot soldier in the Reagan revolution" - is still a believer.
Mr. Obama sees that far-reaching reforms will be needed to protect Americans and American business.
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Mr. Obama was an early and thoughtful opponent of the war in Iraq, and he has presented a military and diplomatic plan for withdrawing American forces. Mr. Obama also has correctly warned that until the Pentagon starts pulling troops out of Iraq, there will not be enough troops to defeat the Taliban and Al Qaeda in Afghanistan.
Mr. McCain, like Mr. Bush, has only belatedly focused on Afghanistan's dangerous unraveling and the threat that neighboring Pakistan may quickly follow.
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It will be an enormous challenge just to get the nation back to where it was before Mr. Bush, to begin to mend its image in the world and to restore its self-confidence and its self-respect. Doing all of that, and leading America forward, will require strength of will, character and intellect, sober judgment and a cool, steady hand.
Mr. Obama has those qualities in abundance. Watching him being tested in the campaign has long since erased the reservations that led us to endorse Senator Hillary Rodham Clinton in the Democratic primaries. He has drawn in legions of new voters with powerful messages of hope and possibility and calls for shared sacrifice and social responsibility.
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The nation's problems are simply too grave to be reduced to slashing "robo-calls" and negative ads. This country needs sensible leadership, compassionate leadership, honest leadership and strong leadership. Barack Obama has shown that he has all of those qualities.
As I said, none of this is surprising. But it still doesn't mean I don't love hearing it from what is perhaps the world's most influential newspaper.
As they say, go read the whole thing.