That is a complete synonym with what you have quoted, only you are on the side of the management in his post.
No, because we are allowed to refactor the code whenever we want and are constantly making tweaks as we see fit. What we don't do is have an official refactoring policy and set aside time. That is very different to what smyth was saying, their management don't let them and don't want the engineers spending time on refactoring, our managers don't care at all and let us do what we want but since we are always busy we don't have time to do serious refactoring. I could spend all weekend refactoring some of my code, or I could play with my daughter.