If does make good economic sense, right?

This is from the February 9th townhall meeting that President Obama held in Indiana. My emphasis is added: Is the President talking about the families without money or the government that doesn't have the money?

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OBAMA: Now, that’s not just our moral…

(APPLAUSE)

That’s not just our moral responsibility to lend a helping hand to our fellow Americans at a time of emergency. It makes good economic sense. If you don’t have money, you can’t spend it. And if you don’t spend it, our economy will continue to decline.Now, for that same reason, the plan includes badly needed tax relief for middle-class workers and families.

Full transcript