President Obama said Thursday that he agrees with Republicans who say his reelection isn't guaranteed by the killing of Osama bin Laden. 

Obama downplayed the political windfall he stands to collect from the discovery of bin Laden's whereabouts and the killing of the man behind the Sept. 11 attacks. 

"No, not at all," Obama told Univision affiliate WLTV in Miami when asked whether he believes the bin Laden killing guarantees his reelection.

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Obama said he expects the economy and jobs will top voters' concerns in 2012, the same calculation Republicans are making.

"I think in politics, the people are definitely thinking about the economy, high gas prices, unemployment is still high, and so we need to keep making important progress on those fronts and for the Latino community," the president said.

Republicans would certainly be more comfortable competing on that territory against Obama; Republican National Committee (RNC) Chairman Reince Priebus said earlier this week that he thinks Obama has "no chance" of reelection if the economy is the No. 1 issue.

"Those are issues that I think are keeping people up at night, day to day, and I want to make sure they know that we’ve got a strong track record in dealing with those issues," Obama said.

Obama has enjoyed a bump in his approval rating in most polls since the successful assault against bin Laden, and approval of his handling of the war in Afghanistan and terrorism has increased, also.