The president today while introducing a new deficit-reduction adviser.
"At a time when so many families are tightening their belts, he’s going to make sure that the government continues to tighten its own."
No, see, in an economy driven by spending, it's probably a good idea for someone to be buying things. So if "many families" are tightening their belts, that's precisely when the government should not be tightening its belt.