1. With the announcement of the Tax Cuts and Jobs Act being passed, several large corporations have announced that they will raise minimum wages for employees to $15 an hour. Do you believe small businesses can compete with this wage increase? How might a new business owner attract employees if they cannot afford such a wage?
2. In 2018 and beyond, do you believe that entrepreneurship will increase or decline? Why? What conditions are necessary or need to change for entrepreneurship to flourish in the future? Are these conditions improving in the U.S.? Why or why not?