This is the type of resentment / thinking that he wants the company to steer away from. If they do encode 'lower bar' policies, it's an inevitable and rational conclusion to draw, which is incredibly toxic I agree. By taking other approaches to diversity at different stages in the funnel, that toxic inevitability is avoided.
I'm not sure how you're privvy to his thought process.
Also, the idea that finding ways to employ more women+minorities leads to poorer employees is exactly what many people don't after about - essentially, your argument is taking his opinion as fact, while I only wanted to point out the underlying message to his words.