Yes, and no. There is no one like Bin Laden in the universe of Islamist terror. He is the hero, and the spiritual leader. Bin Laden has not had an operational role in Qaeda terrorism for a very long time. Elements of al Qaeda will live on to kill another day. Nevertheless, this is an extraordinary blow.
The U.S. is particularly miserable at putting aside money for the future. Should we blame our paychecks or our psychology?