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The discouraging "if we get a chance where we think we are in it, then we are going to give you the resources" actually fits nicely into my Unified Theory of the Mariners as well.
If you take as first assumption that the M's are cash-constrained, then obviously they can't commit resources they don't have. The only scenario where it would be even possible to increase spending, is if they are (a) doing better revenue-wise than expected - which I believe they are with the attendance boost so far - and thus able to revise the budget upward; and more importantly (b) looking at a potential immediate return on the investment, i.e. a pennant race and possible playoffs to boost revenues further and cover the increased costs quickly.
It is depressing that we are stuck with this ownership situation, but for me personally at least, I find it less depressing to view it through a financial lens, than to worry about things like the M's leadership "not caring about winning".