Newt Gingrich delivers flying elbow chop economics lesson to Piers Morgan

How do you rebuild the economy and balance the budget?

Step No. 1: Ignore the words coming out of Piers Morgan's mouth.

Last night on CNN, the Newtster was on with Morgan and, in about a minute and a half, lays the smack down with an economics lesson and a red-meat blast of the mainstream media.

Morgan wanted the world (well, at least the 2-3 dozen folks watching at the time) to buy into the argument that Paul Ryan's budget was a sop to the rich. Newt was having none of it:

Bam!

(h/t: Ed Morrissey)