Growth solves debt, not the other way around.
Trouble w/ Reinhart/Rogoff debate not stats. It's this: Growth solves debt, not other way around.Reform taxes, spending, regs,money.#tcot
— Larry Kudlow (@larry_kudlow) April 18, 2013
Kudlow has been known for his more hawkish views, but of late he's been among the smartest writers on the matter of monetary policy and other economic matters.
You can argue about what mix of tax reform, spending, and regulatory reform is needed.
But the point that growth solves debt, not the other way around is crucial.