The Tea Party's big idea to shrink government is a vacuous nothingburger

Meet the Penny Plan

Merely a threat.
(Image credit: (Illustration by Lauren Hansen | Images courtesy iStock))

Insurgent political movements are usually built around a big idea, like abolition or workers' rights. The Tea Party certainly has a big idea: Shrink the government.

Wanting to shrink the government is a perfectly reasonable impulse given the state of Washington's finances. The federal debt has more than doubled as a share of GDP since 2007, and future spending projects are off the charts. The latest academic evidence suggests an increase in government size is associated with slower annual GDP growth.

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James Pethokoukis

James Pethokoukis is the DeWitt Wallace Fellow at the American Enterprise Institute where he runs the AEIdeas blog. He has also written for The New York Times, National Review, Commentary, The Weekly Standard, and other places.