Skip to comments.Gay marriage an economic boost? Not so fast.
Posted on 06/05/2013 12:13:02 AM PDT by AustralianConservative
A recent report claims that "marriage equality" will provide an economic boost to Illinois: US$54- $103 million in new spending, and $8.5 million in new tax revenues. This study comes at an opportune time for the gay lobby in Illinois. Their marriage bill, SB-10, is not exactly sailing through the House. Chicago legislators representing heavily ethnic minority and religiously conservative districts have been reluctant to endorse the redefinition of marriage. Perhaps the gay lobby hopes this extra tax money might motivate wavering legislators to support this bill. The people and legislators of Illinois should not count on extra revenue as a benefit from redefining marriage. These forecasts are based on an elementary economic error as well as highly dubious forecasts. That is why the "Gay Marriage Economic Miracle!!!" predictions have not worked out so well in the past. The UCLA Law School-based Williams Institute has made numerous such predictions over the years, which are posted on their website under, "Economic Impact Reports." One can find recent reports for Delaware, Minnesota, Rhode Island, and even Australia. (The Institute just happens to produce reports in locations in the throes of electoral battles over the definition of marriage.) Looking at the states which have redefined marriage, we can compare the predictions with the actual outcomes. The older breathless predictions of economic manna from heaven are vast overstatements of the actual outcome of redefining marriage. These studies are not worth the paper they are printed on. Or even the electrons that were rearranged to post them on-line. [
] And the premises are indeed flawed. The same-sex couples of Illinois would have spent that money on other things: vacations, theater tickets, home decorating, pets, cars, doctor bills. Every dollar spent on weddings is a dollar taken away from some other industry!!
(Excerpt) Read more at mercatornet.com ...
Because $money$ is the most important consideration. Ask the Boy Scouts.
It worked so well for JC Penney.
Plus all the diseases will create new jobs in the medical field.