The cost of gay marriage – in dollars and cents

Provincetown, Mass. – Maghi Geary might have some peculiar advice for Californians: Gay marriage is good for business. The co-owner of Provincetown Florist has 20 to 30 weddings booked this summer, and the reason for that decent return is evident in the next customer who walks through the door – a lesbian couple from Kansas desperately in need of some carnations for their wedding.
Tuesday, the California Supreme Court made the most recent in a series of legislative and judicial decisions on gay marriage nationwide: It upheld Proposition 8, a measure that bans gay marriage in the state. But here in Massachusetts, gay marriage has been legal since 2003, and in Provincetown, more than 2,000 same-sex couples have tied the knot since then.
In some ways, this farthest fingernail of Cape Cod is emblematic of the economics of gay marriage: a big impact, but only at the margins.
Massachusetts estimates that gay marriage has added money to its coffers – but only about $37 million a year, or less than 1 percent of the annual state budget.
In the private sector, the wedding industry could grow by more than $16 billion if gay marriage were expanded to all 50 states, according to a 2004 study by Forbes magazine.
But Massachusetts’ experience suggests that money would be concentrated in cities with a significant gay population, like Provincetown. See The cost of gay marriage – in dollars and cents Christian Science Monitor

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Gay Marriage Will Benefit Ailing Economy

Gay marriage as an attack on small businesses? Because said small businesses would have to pay healthcare? Not even close, Michael Steel, chairperson of the Republican National Committee. That is a lie. What gay marriage can do for the country is add a whopping $16.8 billion toward the “gross national wedding product.” Engagement rings alone, according to a Forbes study, would run at $1.8 billion a year. And that money would positively affect, you guessed it, small businesses.

Gay marriage is a “really simple to understand goldmine.”

You know, same-sex marriage just doesn’t sound evil to us. Not in the slightest bit. Probably because it isn’t.

As always, for comprehensive coverage about civil marriage equality in California, please visit Stop8.org. And to find out which neighbor of yours you should ask over for tea, sympathy, and the to let them know that you’re a human being just like them, GLBT folks, check out and see which one of them gave money to Prop 8 at eightmaps.

See Gay Marriage Will Benefit Ailing Economy SFist * Tags = gay men gay news lesbian news transgender bisexual

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