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A Brief Note on the Politics

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Many folks on the Twitter seems convinced that the good news about Bin Laden effectively ends the 2012 campaign. This certainly doesn’t hurt. But I would point to George H.W. Bush’s approval ratings in 1991. If unemployment remains high and the recovery remains weak, Obama could absolutely lose in 2012.

Chait: “The political ramifications: Minimal to nonexistent. The economy will tell the tale in 2012, and Obama — who had been getting relatively little foreign policy flak from the GOP — was not having a problem establishing his credibility as a foreign policy president on the right. Obama can add this to his list of accomplishments, but it’s hard to see it moving voters.” Exactly right.

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