I am by no means an economic expert (far from it).... but is it possible that even 'this' small/first attempt to reduce the debt may actually help to spur and jump-start our economy out of the stagnant state it has been in for the past eight plus years? I would think so.
The Obama administration had an oil boom going on with plenty of money going around. Smaller businesses were held back by the ACA from expanding, other businesses as well. They fought the oil boom every inch of the way, and despite them, the price of gasoline is half what it was. That should have spurred growth, too, but the ACA was in the way.
People lost insurance, were penalized for not having insurance, businesses didn't expand, and those who kept insurance had to pay more out for the same things they used to have covered for less, so the insurance/healthcare sector sucked up the seed money for the economy getting out of the doldrums. Hopefully, we can over come that if Congress will shut down that giant sucking sound (It isn't from the swamp draining).
I'm beginning to see a pattern there, in what might be holding the economy back some...