Gingrich: 2012 Bid Looking More Likely

Newt Gingrich says there's “more of a possibility now” that he'll run for president in 2012 than there was in 2008, but that he'll only do it if he can “raise the resources to be a serious, major candidate.” He tells Politico he'll make a decision in February or March of next year. And he thinks whoever runs is going to trounce Barack Obama.

Gingrich calls Obama “the closest thing to Jimmy Carter I've seen,” giving him just a 20% chance of being reelected. “Because he's so radical, you're now going to have, I think, the most consequential campaign since 1932,” he says. “The whole point of my book is to say: We have to have a decade of really profound, deep, change, and it has to be in the right direction.” (More Newt Gingrich stories.)