The main difference is "this person would be a good fit in a better market but our circumstances now make it hard to hire someone new if they're not going to b

The main difference is "this person would be a good fit in a better market but our circumstances now make it hard to hire someone new if they're not going to be a huge value add day 1" vs "this person would never make it at this company, they're mildly delusional for even applying and not getting the implicit standard of excellence we market in our recruiting"