Husserl's retentional structure shows that 'as present' is simply the limiting case of retention with zero elapsed interval, reducible to temporal indexing within the same explanatory framework.

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As present(what the statement argues is actually just retention with no time gap): The quality of something feeling like it's happening right now in your awareness, as opposed to feeling like a memory.
Elapsed interval(used to describe the time difference between a past moment and the present): The amount of time that has passed; how much time has gone by since something happened.
Husserl: Edmund Husserl (1859-1938) was a German philosopher who founded a way of thinking called "phenomenology," which focuses on carefully examining how we experience and perceive the world around us. Rather than assuming things are simply as they appear, Husserl developed methods to deeply explore human consciousness and the structures of our experiences. His work became foundational to modern philosophy and influenced many thinkers who came after him.
Limiting case(as used in logic and philosophical reasoning): An extreme version of something that still belongs to the same basic category; like how an incredibly hot object is still in the category of 'hot things.'

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