She has all of the downside of being a wealthy and controversial former CEO like Romney, but none of the benefit—the establishment support, the fundraising operation, the organization, or the four years as governor of Massachusetts—that insulated him against the “discovery, scrutiny and decline” pinball machine and helped him win the primary.

“She’s smart, Fiorina knows this is coming and she knows exactly what it’s gonna be like, because she’s already lived through it once,” Gingrich said. “My guess is that she must believe that she has a stronger, more convincing answer than she had in the Senate race in 2010.”

It’s true that Fiorina may now be a better prepared and more polished candidate than she was when she last ran for office, but the substance of her answers to questions about HP hasn’t changed much at all.

But to hear Gingrich tell it, when you’re the longshot who is suddenly surging, that doesn’t really matter.