Biden Is Wrong: A $15 Minimum Wage Would Hurt Far More People Than It Would Help

Biden Is Wrong: A $15 Minimum Wage Would Hurt Far More People Than It Would Help
Democratic presidential nominee Joe Biden speaks to reporters during a news conference in Wilmington, Delaware, on Nov. 10, 2020. Jonathan Ernst/Reuters
Michael Busler
Updated:
Commentary
Presidential nominee Joe Biden wants to raise the minimum wage to $15 per hour. Biden says that all workers should be able to earn a living wage. Setting the federal minimum at $15, he notes, would raise the pay of nearly 40 million Americans. Biden says this is the fair thing to do.
Michael Busler
Michael Busler
Author
Michael Busler, Ph.D., is a public policy analyst and a professor of finance at Stockton University, where he teaches undergraduate and graduate courses in finance and economics.
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