Many, including me, breathed a huge sigh of relief at the outcome of the election. However, I would think that all of us, irrespective of party affiliation or political persuasion, should be disgusted by the obscene amount of money wasted in the presidential and congressional campaigns, abetted by the Citizens United decision handed down by the highly political Supreme Court.
President Obama and the Democratic Senate need to take the high road and institute tough, enforceable campaign finance reform. It may be too much to expect that candidates go back to accepting the modest, though adequate, funds provided by public financing. An alternate plan that would give the public an incentive to participate would be to restrict individual and corporate donations to a low level — for example, $5,000 — and to require that each TV ad state verbally and in legible print its cost, the total number of contributors to the ad, and the median amount donated.
This strategy would raise more than enough money to finance vigorous campaigns, and could address the corrupting impact of huge quid-pro-quo donations.