Bill Keller in The New York Times on the "no agenda" myth Voters and media like to complain that neither candidate has a real agenda. Even though candidates have been reluctant to give policy specifics, we know what to expect: Obama will finish universal health care and re-regulate Wall Street. Romney will get rid of health care and deregulate. "We don’t elect agendas, we don’t elect platforms, we don’t even elect parties to the presidency," Keller writes. "We elect the human being we trust to have our best interests in mind."
Michael Hiltzik in Los Angeles Times on high taxes and millionaires The old line that high taxes will make the rich leave California are wrong, according to hard data. A study found that a 2005 tax hike had little effect on the rich leaving, and a 1996 tax cut did little to bring the rich in. "The prevailing image is of people so rich they can pack up and move anywhere with ease; the reality is that most millionaires earn their income from their work, which is typically tied to its location."
Thomas B. Edsall in The New York Times on rogue billionaires and campaign finance Changes in campaign financing based on laws are unpredictable. People thought Democrats would not garner a small donor base after corporate soft money contributions ended; that was wrong. Now, Republicans pull more money in with Citizens United. But in the far more hierarchical Republican party, unlimited donations also allow rogue billionaires to defy establishment candidates like Romney and have their own voice in the game.