可预见的是，贷款者已经看透了这些声明，理解了基础财政缩减的不可能性。

Predictably, lenders saw through the announcements and understood the unfeasibility of the underlying fiscal cuts.

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通过将JSTL代码移动到输出元素的可重用标记文件中，就可以将此代码片段缩减为一行。

This code fragment can be reduced back to a single line by moving the JSTL code into a reusable tag file that outputs the element.

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因此，在先前衰退期间，真实GDP的大部分减少可归咎于存货清算，这意味着生产和工作的缩减，以及资本支出的急剧减少。

Consequently, most of the decline in real GDP during prior recessions was attributable to inventory liquidation, which meant cutbacks in production and jobs, and sharp reductions in capital spending.

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