The Business Boost from Marriage Equality Change.org and Tips-Q.com by Michael A. Jones
May 31, 2009
Since today is the last day of May
2009, we wanted to take a quick second to
acknowledge that this month marks five years of
marriage equality in Massachusetts. Earlier this
month we wrote a post about this, and mentioned that
a new study out from UCLA's Williams Institute shows
that Massachusetts has reaped some significant
economic benefits after deciding to legalize
same-sex marriage.
This is yet another example of why it's not only
in the best interest of civil rights to enact
marriage equality, it's also a smart economic move.
This article on MassLive.com goes into more
detail about the study. They point out that the
economic gains related to marriage equality
certainly aren't enough to pull a state out of a
recession. But they are substantial, nonetheless.
Do the math: More weddings mean more money.
People buy gowns and wedding cakes and rent tuxedoes
and limousines. Guests check into hotels. The study
estimates that same-sex marriage has led to a
positive impact to the Massachusetts economy of
approximately $111 million over the last four and a
half years.
Later this week, most likely on Wednesday, the
New Hampshire legislature will decide whether to
send a final marriage equality bill to Governor John
Lynch, which he has said he will sign. The NH
legislature would be keen to study the economic
impacts that same-sex marriage has had in
Massachusetts. NH may become the sixth state to
legalize same-sex marriage. They would also likely
become the sixth state to see economic gains because
of this equal rights decision.
To view the study conducted by the Williams
Institute, "The Business Boost from Marriage
Equality," click here (PDF document). We can't
stress this enough: The Williams Institute is doing
ground-breaking work. Some people say it's shrewd to
tie the economy to human rights decisions like
same-sex marriage. They're sort of right...but then
again, it's also a rare circumstance when a decision
to maximize profit aligns with a decision to protect
civil rights. And in the end, that seems like
something to celebrate.