"Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market"
About this Quote
The intent is coalition-building. By praising "smart businesses", she flatters the private sector while nudging it toward public investments it doesn't always want to pay for. "Market access" and "transportation" are code for trade corridors and logistics - a quiet reminder that globalization isn't just ideology, it's infrastructure. "Telecommunications" signals the post-industrial economy, where bandwidth matters as much as highways. "Education and skill level" is the human-capital case for immigration, workforce training, and universities without naming any of those flashpoints directly.
Then there's the stealthiest phrase: "the regulatory market". It's a way to concede that regulation is part of competition, not its opposite. She's not promising deregulation; she's selling predictability and competence - the idea that rules can be an asset if they lower risk.
Contextually, this sits in the era when American politics was trying to answer offshoring and regional decline without sounding anti-market. The subtext: if you want jobs, stop racing to the bottom and start building a place worth locating in.
Quote Details
| Topic | Business |
|---|---|
| Source | Help us find the source |
| Cite |
Citation Formats
APA Style (7th ed.)
Napolitano, Janet. (2026, January 17). Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market. FixQuotes. https://fixquotes.com/quotes/smart-businesses-do-not-look-at-labor-costs-alone-51744/
Chicago Style
Napolitano, Janet. "Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/smart-businesses-do-not-look-at-labor-costs-alone-51744/.
MLA Style (9th ed.)
"Smart businesses do not look at labor costs alone anymore. They do look at market access, transportation, telecommunications infrastructure and the education and skill level of the workforce, the development of capital and the regulatory market." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/smart-businesses-do-not-look-at-labor-costs-alone-51744/. Accessed 10 Feb. 2026.



