The highlight of the debate for me was the exchange on the Dodd-Frank financial reform law. Mr. Romney’s tying the shortcomings of the qualified mortgage rule, which sets new standards for borrowers, to the continued decline of the housing market was especially impressive. Mr. Obama could do nothing but revert back to his talking points.

That many liberal criticisms of the debate generally avoided this exchange is telling.

Timothy R. Bertovich, Monessen, Pa.