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.”
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.
Leverage local advantages in economic strategy.
Themes
Mood
Type
When to use this quote
- business recruitment
- government planning
- investment pitches
Key Concepts
Questions to Reflect On
- How do you balance incentives with quality of life?
- What non‑financial assets attract talent?
Overemphasis on incentives can neglect other factors.