Watch Gay Marriage Enomics: The Pros & the Cons - Bloomberg

economics of gay marriage

Same-sex weddgs have been a boon for the weddg dtry sce gay marriage was legalized 2015 – and the years sce, ’s boosted state and lol enomi by $3.8 billn, a new study timat.

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THE ENOMIC BENEFS OF GAY MARRIAGE

* economics of gay marriage *

However, more than a of rearch by myself and other enomists and analysis by the Congrsnal Budget Office unr the directn of Douglas Holtz-Eak suggts jt the oppose: that state and feral budgets will actually get a posive boost if gay upl are allowed to marry. And here’s somethg the ernment might nsir reckong the bottom le wh regard to legalizg gay marriage: Hundreds of thoands of exced upl would start planng weddgs, generatg at least $1.

SAME-SEX WEDDGS HAVE BOOSTED ENOMI BY $3.8 BILLN SCE GAY MARRIAGE WAS LEGALIZED FIVE YEARS AGO THIS MONTH, A NEW STUDY SAYS

Proponents ntend that gay marriage bans are discrimatory and unnstutnal, opponents ague that marriage is primarily for procreatn. * economics of gay marriage *

Big rporatns want same-sex upl to be allowed to marry bee they believe gay marriage is good for bs.

Those employers argued that they want to rec and reta the most creative and productive workers to make their bs petive, and that clus lbian, gay, bisexual, and transgenr (LGBT) workers. A gay man who liv Massachetts wh his hband might not want to transfer to an office Oh where his marriage isn’t regnized. The enomic ripple effects of gay marriage n spread even further.

SHOULD GAY MARRIAGE BE LEGAL?

The social issu surroundg gay marriage asi, what are the implitns of gay marriage for lol, state and natnal enomi? * economics of gay marriage *

Some observers, most notably petivens gu Richard Florida, argue that tolerant polici and environments — cludg for gay people — are sential for nurturg creative workers who will drive enomic growth. She was an expert wns the Proposn 8 trial and is the thor of “When Gay People Get Married: What Happens When Societi Legalize Same-sex Marriage?

Same-sex weddgs have been a boon for the weddg dtry sce gay marriage was legalized 2015 – and the years sce, ’s boosted state and lol enomi by $3.

MANY BRONS HAVE CHANGED THEIR MDS ON GAY MARRIAGE

" Cowhey says gay upl no longer have to wonr about who's their next of k or which state to file for Social Secury benefs. Pani created benef packag for unmarried mted upl, whether gay or straight.

Paisley says gay ctomers are loyal ctomers and will stay wh the pany that mak them feel wele. Bee of last week's lg, he adds, more pani will probably start outreach programs as the gay muny be more mastream. On June 26, 2015, the US Supreme Court led that gay marriage is a right protected by the US Constutn all 50 stat.

THE ENOMICS OF GAY WEDDGS

US public opn had shifted signifintly over the years, om 27% approval of gay marriage 1996 to 55% 2015, the year beme legal throughout the Uned Stat, to 61% 2019. Proponents of legal gay marriage ntend that gay marriage bans are discrimatory and unnstutnal, and that same-sex upl should have accs to all the benefs enjoyed by different-sex upl.

On July 25, 2014 Miami-Da County Circu Court Judge Sarah Zabel led Florida’s gay marriage ban unnstutnal and stated that the ban “serv only to hurt, to discrimate, to prive same-sex upl and their fai of equal digny, to label and treat them as send-class cizens, and to em them unworthy of participatn one of the fundamental stutns of our society.

As well as discrimatn based on sexual orientatn, gay marriage bans discrimated based on one’s sex.

THE SE FOR GAY MARRIAGE

The Amerin Psychologil Associatn, Amerin Psychiatric Associatn, and others nclud that legal gay marriage giv upl “accs to the social support that already facilat and strengthens heterosexual marriag, wh all of the psychologil and physil health benefs associated wh that support. A study found that same-sex married upl were “signifintly ls distrsed than lbian, gay, and bisexual persons not a legally regnized relatnship.

GAY MARRIAGE BE THE LAW OF THE LAND AMERI

A 2010 analysis found that after their stat had banned gay marriage, gay, lbian and bisexual people suffered a 37% crease mood disorrs, a 42% crease alhol-e disorrs, and a 248% crease generalized anxiety disorrs. Gay marriag brg fancial ga to feral, state, and lol ernments, and boost the enomy. The Congrsnal Budget Office timated 2004 that ferally-regnized gay marriage would cut the budget fic by around $450 ln a year.

In July 2012 New York Cy Mayor Michael Bloomberg announced that gay marriage had ntributed $259 ln to the cy’s enomy jt a year sce the practice beme legal there July 2011. In 2012, the Williams Instute at the Universy of California at Los Angel (UCLA) found that the first five years after Massachetts legalized gay marriage 2004, same-sex weddg expendur (such as venue rental, weddg k, etc.

Relig stutns n cle to marry gay and lbian upl if they wish, but they should not dictate marriage laws for society at large.

THE ENOMICS OF GAY MARRIAGE: THE PROS & THE CONS

Gay marriage is a civil right protected by the US Constutn’s mments to liberty and equaly, and is an ternatnally regnized human right for all people. 8 California banng gay marriage was “unnstutnal unr both the Due Procs and Equal Protectn Cls.

THE REAL MARRIAGE CRISIS IS ENOMICS, NOT GAY MARRIAGE

Civil unns and domtic partnerships uld provi the protectns and benefs gay upl need whout changg the fn of marriage.

In upholdg gay marriage bans Kentucky, Michigan, Oh and Tennsee on Nov. 2016 printial ndidate and former Hewlett-Packard CEO Carly Fra stated that civil unns are aquate as an equivalent to marriage: “Benefs are beg btowed to gay upl [ civil unns]… I believe we need to rpect those who believe that the word marriage has a spirual foundatn… Why n’t we rpect and tolerate that while at the same time sayg ernment nnot btow benefs unequally.

Court papers filed July 2014 by attorneys fendg Arizona’s gay marriage ban stated that “the State regulat marriage for the primary purpose of channelg potentially procreative sexual relatnships to endurg unns for the sake of jog children to both their mother and their father… Same-sex upl n never provi a child wh both her blogil mother and her blogil father. Contrary to the pro gay marriage argument that some different-sex upl nnot have children or don’t want them, even those s there is still the potential to produce children.

WONKBOOK: THE ENOMICS OF GAY MARRIAGE

Gay marriage has accelerated the assiatn of gays to mastream heterosexual culture to the triment of the homosexual muny.

The gay muny has created s own vibrant culture. By rcg the differenc opportuni and experienc between gay and heterosexual people, this unique culture may cease to exist. Lee Badgett, PhD, Director of the Center for Public Policy and Admistratn at the Universy of Massachetts at Amherst, stated that for many gay activists “marriage means adoptg heterosexual forms of fay and givg up distctively gay fay forms and perhaps even gay and lbian culture.

Pla Ettelbrick, JD, Profsor of Law and Women’s Studi, wrote 1989, “Marriage ns ntrary to two of the primary goals of the lbian and gay movement: the affirmatn of gay inty and culture and the validatn of many forms of relatnships. LGBT activist llective Agast Equaly stated, “Gay marriage ap hetero privilege… [and] creas enomic equaly by perpetuatg a system which ems married begs more worthy of the basics like health re and enomic rights. The lears of the Gay Liberatn Front New York said July 1969, “We expose the stutn of marriage as one of the most sid and basic staers of the system.

*BEAR-MAGAZINE.COM* ECONOMICS OF GAY MARRIAGE

Should Gay Marriage Be Legal? 6 Pros and Cons .

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