Newt Gingrich: Media Not Reporting How Economy Actually Works

CNBC questioners were booed and Herman Cain was lustily cheered Wednesday as he answered questions about sexual-harassment allegations against him.

Speaking at a GOP debate at Oakland University in Rochester, Mich., Cain reiterated that he did nothing inappropriate with female workers while serving as chairman of the National Restaurant Association.

Mitt Romney sidestepped the subject, saying it was a matter for the public to decide, and CNBC moderators quickly returned to the economic questions that were billed as the topic of the evening.

A feisty Newt Gingrich lectured the media for failing to "accurately report how the economy actually works."

And referencing the Occupy Wall Street protests, the former U.S. House speaker asked if the young Henry Ford or the young Bill Gates "was one of the 1 percent or the 99 percent."

"Who's going to pay people if no businesses are making a profit?" he asked.