Cyber Monday Sale! 50% Off All Access

Trump Hits Biden on Raising the Minimum Wage 'How are you helping small businesses when you're forcing wages?' asked the president in last night's debate.

By Dan Bova

Pool | Getty Images

In last night's debate, President Trump attacked Joe Biden when the former vice president said he would favor raising the minimum wage to $15 an hour.

Related: How Joe Biden's Tax Plan Could Affect Small-Business Owners

"How are you helping small businesses when you're forcing wages?" Trump asked Biden. "What's going to happen, and what's been proven to happen, is when you do that these small businesses fire many of their employees," Trump added.

When debate moderator, Kristen Welker, brought up that Trump has also said that he would consider raising the federal minimum wage to $15 an hour, the president responded: "I would consider it, to an extent," adding, "But not to a level that's going to put all these businesses out of business. It should be a state option."

Read the entire analysis on Fox News

Dan Bova

Entrepreneur Staff

VP of Special Projects

Dan Bova is the VP of Special Projects at Entrepreneur.com. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia ZoneRoad & Track Crew's Big & Fast Cars, The Big Little Book of Awesome Stuff, and Wendell the Werewolf

Read his humor column This Should Be Fun if you want to feel better about yourself.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business News

Elon Musk Still Isn't Getting His Historically High Pay as CEO of Tesla — Here's Why

A second shareholder vote wasn't enough to convince Delaware judge Kathaleen McCormick.

Growing a Business

Her Restaurant Business Is Worth $100 Million — Here's Her Unconventional Advice for Aspiring Entrepreneurs

Pinky Cole, founder of Slutty Vegan, talks about going from TV producer to restaurant owner, leaning into failure and the value of good PR.

Legal

How Do You Stop Porch Pirates From Stealing Christmas? These Top Tips Will Help Secure Your Deliveries.

Over 100 million packages were stolen last year. Here are top tips to make sure your stuff doesn't get swiped.

Leadership

Leadership vs. Management: How to Understand the Difference and 6 Ways to Bridge the Gap

Here are the key differences between leadership and management, highlighting their complementary roles and providing six strategies to develop managers into future leaders.

Business News

'Something Previously Impossible': New AI Makes 3D Worlds Out of a Single Image

The new technology allows viewers to explore two-dimensional images in 3D.

Business News

'I Stand By My Decisions': A CEO Is Going Viral For Firing Almost All of the Company's Employees — Here's Why

The Musicians Club CEO Baldvin Oddsson fired 99 workers at once over Slack for missing a morning meeting. But there's a catch.