Newt Gingrich: GOP 'Misunderstood the American People'

Former speaker of the House weighs in on the Republican Party's failure to win 2012 election.
3:00 | 11/12/12

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Transcript for Newt Gingrich: GOP 'Misunderstood the American People'
You and I talked election night and at the time he predicted the fact. Mr. Romney -- 53 by 47. And you said then. -- after the election we have a new house -- new senate but the same president what do we do now. What do we do not. Well hopefully is finally to work together. And silent -- first of all of -- myself right. I was wrong and and I just sort of piece this morning Politico saying every Republican -- to slow down take a deep breath. And rethink why we were wrong don't just rush ahead to the next -- Oh I think we fundamentally misunderstood the American people and I think I think as a party now we have a very. This. Oh well I -- -- talented and for -- this is a long topic but. Others say that. The Republican doctrine -- highly paid consultant spending hundreds of millions of dollars and 32 heads doesn't build a party. The fact is there was a 7%. And -- for Democrats turning out. And to try to win said that framework as foolish knew what was we have everything that was really wrong -- -- -- what she's around -- really wrong and then. If you if you look at Obama for example. Very intelligently starting to advertise and Univision and telemundo. Months and months before the election setting a framework. So that under the amazing thing to -- -- in the run loss to the Latino vote. Were Obama had worked very hard. He lost the Asian American -- bigger -- so when he lost that chance so when you're running 2016 what you do differently speak. A lot of let's go point. The Republican Party better now wait until 2016. -- that are rethink its -- in 2013. How -- -- deals countries' issues and do it in a way that the average American observers as you know. Those folks on -- trust of my future. I lost yeah it's scanning tests can't and it asks to protect I. This was curious do you think it's important for the GOP to say to the more radical. Folks who have sort of hooked on to you sort of -- indeed Tea Party sort of like the Rush Limbaugh's of the world than that. That they do not represent the heart and soul on the GOP that the GOP is not. An exclusive club it is it inclusive. I think we need to be inclusive and I am -- -- -- an inclusive and outreach how -- -- five way because of median calling. So -- one here in the -- And I think we have to understand to be inclusive. But frankly you could run a campaign and radicalism -- -- party and you find find examples of both parties of people whose views are a long way from the norm.

This transcript has been automatically generated and may not be 100% accurate.

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