In an article in the Austin American-Statesman Steve forbes admits today he misjudged then-fellow- candidate George W. Bush. Says the article:

“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 has come up several notches today.