I couldn't resist. This came up on Twitter and I already had a similar macro running. This Keyboard Maestro macro takes the current clipboard string and pastes it into any application and then simulates the left arrow key to move the cursor back to it's original position. This macro should be application agnostic since it uses standard keyboard input and basic AppleScript functionality. The same functionality should be possible with TextExpander as well.
UPDATE: Here's a different version that's much faster. It's just a bit of cursor finagling through simulating key presses. Probably not as nice as a key binding though.