Gay Marriage to Save Connecticut from Global
Financial Disaster
Queerty
November 24, 2008
With President-Elect Barack
Obama announcing his economic team today after news
broke early this morning that the U.S. government
pumped an additional $20 billion into banking giant
Citigroup over the weekend, a report by the Williams
Institute at UCLA Law School says that Connecticut's
same-sex marriage laws will pump up to $13 million
into the state's economy.
Meanwhile, if the California Supreme Court
decides in March that it will not honor the 18,000
same-sex marriages performed this year, the state
will be forced to return the marriage license fees–
a cost of about $2.9 million. Previously, the
Williams Institute found that California's same-sex
marriage law would boost the state's economy by
$63.8 million, a revenue stream that has now dried
up with the passage of Prop. 8.
The gay and lesbian market is on track to spend
$712 billion this year according to marketing
communications and public relations firm Witeck-Combs
Communications.