Confronted with Mitt Romney’s charge that Newt Gingrich, as a career politician, doesn’t understand the economy, Gingrich replied that he developed the legislation that made Romney’s lucrative career at Bain Capital possible.

“You can make an argument that I helped Mitt Romney get to be rich because I helped pass the legislations that [made his career possible],” Gingrich told Larry Kudlow yesterday. “I am [making that argument] as of right this minute. Just occurred to me.”