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Ted Cruz's 'tea party

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The latest cover of Bloomberg Businessweek features Sen. Ted Cruz (R-Tex.) as the Madhatter.

An excerpt of the cover story:

Say this for Tea Party Republicans: They don’t back down. No apologies for triggering a partial shutdown of the federal government, then refusing to raise the debt ceiling without concessions. Condemnation rains down on them from the White House, from foreign capitals, from public opinion polls, but the Tea Party rages on. ...

the Tea Party’s belief that things are slipping away is misplaced. Obamacare aside, events have actually gone the movement’s way ever since Republicans wrested control of the House of Representatives in the 2010 midterm elections. Discretionary spending has been falling. Federal-employee head count is down. And since 2010, deficit reduction has been more rapid than in any three-year period since the demobilization following World War II.

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