"He's done extremely well," Forbes said. "We got a good tax cut through. The Federal Reserve is behaving. I think the foreign policy situation will clear up by year end as we root out those terrorists in Iraq. And the economy is starting to show signs of a new life."
And Bush, whom he blasted in 2000 as a tool of lobbyists, gets the credit, according to Forbes.
"He inherited a bad situation and is turning it around," Forbes said. "I will be backing him enthusiastically" for re-election.
Forbes, in town to promote a Forbes magazine advertising section about Texas planned for November, praised the Bush economic package, which has included reductions in income tax rates as well as cuts in taxes on dividends and capital gains.
"It's a good package, and I have high hopes for the second term," he said.
http://www.statesman.com/metrostate/content/news/070803/0708forbes.html
