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Billionaire Mark Cuban says that, for small business owners, there’s one clear choice for president


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‘Without leadership, there’s instability. And instability is the worst thing that can happen to a business… If you can’t open the doors in your community, whether it’s because of instability, civil unrest or COVID, it doesn’t matter how great of an entrepreneur [you are], it doesn’t matter how many customers you may want or have because they can’t come see you.’

That’s Mark Cuban, the billionaire owner of the Dallas Mavericks, talking in an Instagram Live video this week about why Joe Biden, whom he endorsed earlier this year, is the right candidate for small business owners.

“Just the way that Donald Trump has just botched so completely the response to COVID, he has crushed hundreds of thousands, if not millions, of businesses,” Cuban told the Biden campaign’s Rhett Buttle.

The idea that Biden would be a better pick for small business strays from perception earlier in Trump’s presidency, which has typically scored relatively high marks on the economy. But a CNBC survey showed support eroding with voters now split between Biden and Trump on the economy.

Cuban, who once entertained the idea of running for the presidency, also said Biden would be the most trustworthy option.

“We need somebody who can lead, who’s honest, who’s authentic, who deals with scientists and believes in science and understands, as things change, how to adapt,” Cuban said.

Watch the full interview:

For more election coverage, check out MarketWatch’s live blog.