On CNBC’s “The Kudlow Report” on Tuesday, former Speaker of the House Newt Gingrich fired back at former Massachusetts Gov. Mitt Romney’s suggestion that Gingrich didn’t have enough private sector experience, making him less qualified to be president.

Without the economic policies he pushed during the Reagan administration, Gingrich said, Romney might not be in his position of wealth, and, by extension, where he is today.

“You were a witness to this,” Gingrich said. “I was part of [Jack] Kemp’s little cabal of supply-siders who, … largely by helping convince Reagan, and then working with Reagan, profoundly changed the entire trajectory of the American economy in the 1980s. You could make an argument that I helped Mitt Romney get rich because I helped pass the legislations.”

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