"Continuing economic growth requires both recruitment of new companies and expansion of existing businesses"
About this Quote
Economic growth, in Bredesen's framing, is not a mystical force or a lucky streak; it's a pipeline you manage. The line reads like a neutral planning memo, but its real work is political: it translates jobs into a controllable, bipartisan-seeming process. "Recruitment of new companies" flatters the ribbon-cutting fantasy voters recognize - landing the big employer, winning the interstate bidding war, getting the headline. "Expansion of existing businesses" is the quieter, less cinematic half, and it's the tell. He's signaling to local chambers of commerce and in-state employers: you matter as much as the out-of-town trophy.
The subtext is a warning against economic monoculture and short-term thinking. A state that only hunts for relocations becomes addicted to incentives, tax breaks, and photo ops, while neglecting the unglamorous basics - infrastructure, workforce training, permitting speed, broadband, quality of life - that actually determine whether firms scale. By pairing recruitment with expansion, Bredesen also dilutes ideological friction: you can be pro-business without sounding anti-worker, because growth becomes a pragmatic balance sheet rather than a culture-war badge.
Context matters because this is the language of a governor-era South competing in a national marketplace, where states are brands and companies are courted like free agents. It's also a hedge against volatility: if national trends slow recruitment, homegrown expansion can keep the numbers steady. The sentence is engineered to sound obvious, which is precisely why it works: it smuggles an agenda of continuity, competence, and incrementalism into a "common sense" truism.
The subtext is a warning against economic monoculture and short-term thinking. A state that only hunts for relocations becomes addicted to incentives, tax breaks, and photo ops, while neglecting the unglamorous basics - infrastructure, workforce training, permitting speed, broadband, quality of life - that actually determine whether firms scale. By pairing recruitment with expansion, Bredesen also dilutes ideological friction: you can be pro-business without sounding anti-worker, because growth becomes a pragmatic balance sheet rather than a culture-war badge.
Context matters because this is the language of a governor-era South competing in a national marketplace, where states are brands and companies are courted like free agents. It's also a hedge against volatility: if national trends slow recruitment, homegrown expansion can keep the numbers steady. The sentence is engineered to sound obvious, which is precisely why it works: it smuggles an agenda of continuity, competence, and incrementalism into a "common sense" truism.
Quote Details
| Topic | Business |
|---|
More Quotes by Phil
Add to List

