Damn, those Kenyans are good. (Image by Pete Souza.)

Economist Tyler Cowen’s instant reaction to the political ramifications of the raid that killed Osama bin Laden, posted at 11:30pm on May 1:

“My quick take is that that Obama will be re-elected (getting Osama is way more important than Iraq, or Saddam in the American mind, attacks on American soil, etc.), at this point the Republicans won’t try to beat him from the center and will thus nominate a more extreme candidate and lose badly, and the most important effects will be on Pakistan, not this country.”