Repeating his questions to Mitt Romney and Rick Perry on whether companies can both be profitable and create jobs, CNBC's Jim Cramer followed up by asking former Speaker Newt Gingrich if companies can do both as well. Gingrich responded by slamming
November 9, 2011

Repeating his questions to Mitt Romney and Rick Perry on whether companies can both be profitable and create jobs, CNBC's Jim Cramer followed up by asking former Speaker Newt Gingrich if companies can do both as well. Gingrich responded by slamming the media and Occupy Wall Street protesters for not understanding American history and Newt's view that apparently it's corporations that have made the United States the greatest country in the world.

GINGRICH: Look, obviously, corporations can and should do both and what is amazing to me is the inability of much of our academic world, much of our news media and most of the people in Occupy Wall Street to have a clue about history.

In this town, Henry Ford started as an Edison Electric supervisor who went home at night and built his first car in the garage. Now, was he in the 99 percent or the 1 percent? Bill Gates drops out of college to found Microsoft. Was he in the 99 percent of the 1 percent. Historically, this is the richest country in the history of the world because corporations succeed in creating profits and jobs and it's sad that the news media doesn't report accurately how the economy works.

BARTIROMO: Mr. Speaker, What is the media reporting inaccurately about the economy?

GINGRICH: What?

BARTIROMO: What is the media reporting inaccurately about the economy?

GINGRICH: I like humor disguised as a question. That's terrific. I have yet to hear a single reporter ask a single Occupy Wall Street person a single rational question about the economy that would lead them to say for example who's going to pay for the park you're occupying if there's no businesses making a profit?

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