Ryan makes the connection

"Uncontrolled debt means job creation goes away." -Paul Ryan

It's not just about an accounting formula. Public debt has real effects on expectations, confidence, and ability to plan for the future. In other words, reduce the spending to the reduce the debt and you will get growth.

And he's got it in the right order. It's not growth will take care of the debt, it's take care of the spending and the debt, and we will get growth.