The widespread staff reductions in a certain region' s economy are said to be causing people who still have their jobs to cut back on new purchases as though they, too, had become economically distressed
Clearly, however, actual spending by such people is undiminished, because there has been no unusual increase in the amount of money held by those people in savings account
arguing that since two alternative developments exhaust all the plausible possibilities, one of those developments occurred and the other did not