When Gingrich was campaigning in Laconia on Wednesday, a fellow came up to the former House speaker and asked, “Won’t you buy a home in the Lakes Region if elected president?” This was a reference to Mitt Romney’s house in New Hampshire.
Gingrich replied, “No, I can’t afford things like that. I’m not rich.”
As author David Corn points out, Gingrich declared a net worth of $6.7 million this past summer and had income of $2.6 million in 2010. And we cannot forget his Tiffany line of credit of $500,000.
In fairness to Gingrich, I do not think this level of obtuseness is unique among the Republican candidates. After all, Mitt Romney was willing to bet casually $10,000. More fundamentally, however, this is a group that thinks the rich are taxed too much and the poor not enough. I do not think that a single Republican candidate has proposed a plan that would not reduce taxes on the rich, with the lost revenue being made up by the middle class.