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Diversity Quote by Phil Murphy

“If you're in Alabama, you're selling tax incentives - with all due respect to Alabama - because what else are you going to sell? In New Jersey, you've got location, public education, highly educated workforce, density, diversity, infrastructure.” quote by Phil Murphy
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“If you're in Alabama, you're selling tax incentives - with all due respect to Alabama - because what else are you going to sell? In New Jersey, you've got location, public education, highly educated workforce, density, diversity, infrastructure.”

Phil Murphy

About This Quote

Source Speech: Economic Forum, New Jersey, 2021

He contrasts Alabama's tax incentives with New Jersey's broader assets, highlighting strategic economic appeals.

In simple terms: Different regions market unique strengths.

Key Takeaway

Leverage local advantages in economic strategy.

Themes

economics regional development strategy

Mood

strategic informative

Type

policy persuasive

When to use this quote

  • business recruitment
  • government planning
  • investment pitches

Key Concepts

public policy incentive structures

Questions to Reflect On

  • How do you balance incentives with quality of life?
  • What non‑financial assets attract talent?
A Different Perspective

Overemphasis on incentives can neglect other factors.

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