I think the Administrtion is going to be genuinely surprised when many of those jobs never come back. They really don’t understand small business can’t be turned off and back on like a light switch.
That’s it exactky. Fewer are going to stick their necks out to start a small business and employ folks knowing the government can declare lock-down emergencies on a whim lasting for months at time, with slow re-openings that still choke their livelihoods if they manage to get reach the “stabilized” stage.