Earlier quoted context omitted.
This is the simplest explanation, but it's also the null hypothesis. I believe that "nothing changes over there" implies not only no spooky action, but also no entanglement.
This is about word used for description of that thing. Just using entanglement is ok, but using "action" suggests that something changes. Words have some meaning and incorrect usage causes misunderstandings.
> using "action" suggests that something changes
By my understanding, the delayed part is important. It implies something did change as the state of the earlier entanglement will be different based on a measurement which occurs after the entangled state has been created. If this is correct, then there has been an "action" at a distance.
Though an alternative understanding could be that the state is set based on a future event which hasn't occurred yet. That would avoid needing an "action" to change the state after the entanglement event, but implies other things.