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Real October Surprise Is Obama and Romney Agree

Oct. 4 (Bloomberg) -- In heated elections like this one, there is a tendency in the U.S. to characterize the arguments between the two candidates as much more momentous -- world-historical, even -- than they actually are.

It’s exciting to be the party of free enterprise battling the forces of socialism. It’s flattering to think of yourself as a patriotic American running against a cosmopolitan internationalist. It’s useful to convince your donors that you believe in businessmen like them while your opponent believes only in government.