It may take 100s of instructions to enter a deep sleep state, and 100s to 1000s more to exit it. If you anticipate having to service an event sooner than that, you don't enter sleep at all (especially since there's likely a point at which you're committed to sleep, and have to go all the way down in order to come right back out again). Instead, you hang around twiddling your thumbs until the event comes along.

Now if your processor has a halt/wait-for-interrupt instruction (most do but some don't) you can escape into assembly and use that. But it probably makes little to no difference to energy utilization, and of course its not portable. A nice while (true); would seem obvious, except that the C++ committee insisted that it wasn't.

Just one example of where the committee lost sight of the fact that it was defining an imperative programming language.

Not necessarily, you could also want to make an infinite loop and wait for an interrupt without eanting to power down.