“If the Republicans can’t break out of being the right wing party of big government, then I think you would see a third party movement in 2012,” Gingrich said Wednesday during a speech at the College of the Ozarks in Kentucky, the local television KY3 reported.
Gingrich thrashed Republicans for allowing increased spending during the Bush administration and for not doing enough to block President Barack Obama’s early initiatives.
“Remember, everything Obama's doing, Bush started last year,” Gingrich said. “If you're going to talk about big spending, the mistakes of the Bush administration last year are fully as bad as the mistakes of Obama's first two, three months.”
“During the period I was speaker, the U.S. government – for four years – total growth was 2 percent a year. Under Bush, it was 6.1 percent…This year, I think it will be 36 percent in one year,” Gingrich said. “It is just literally irrational.”