The high cost of LGBT discrimination
The recent monumental Supreme Court decision has made for an exciting and energetic summer. However, the decision has also allowed our community to harness this energy for another important battle: Equal treatment and nondiscrimination.
One of the challenges of our cause has been to codify the economic consequences of discrimination against the LGBT community. As we certainly know, discrimination is wrong in the moral and social justice sense. But talking about the economic aspects of discrimination allows us to broaden our argument and attract powerful new allies for upcoming battles.
The corporate community, large and small, is among the leaders advancing nondis- crimination protections for the LGBT community. Why is that? It is because businesses succeed when they have access to the best and brightest talent.
Georgia’s economy is one of the largest economies in the nation. Fifteen Fortune 500 companies call Georgia home, and our state is number two in the nation for entrepreneurial activity. LGBT nondiscrimination is critical to making Georgia the number one destination for innovative new businesses.
Ninety percent of the Fortune 500 companies have nondiscrimination policies covering sexual orientation. The small business community, the very backbone of our economy, supports policies of equal treatment. In a recent poll, nearly 80 percent of small business owners support LGBT nondiscrimination efforts.
It is clear that our state’s “job creators” are moved by the words of economist Richard Florida: “Diversity—an openness to all kinds of people, no matter their gender, race, nationality, sexual orientation, is not a private virtue, but an economic necessity.”
The state of Indiana provides an excellent test case on the economic consequences of discrimination. International backlash resulted when Governor Mike Pence signed the disastrous “Religious Freedom Restoration Act” into law.
The punishment was swift and harsh; it cost the state over $250 million in eco- nomic activity.
Thankfully, leaders in Georgia were watching. The effort to pass religious liberty legislation without nondiscrimination protections died in the Georgia state legislature in the wake of Indiana. The message was crystal clear: there are severe economic consequences when you pass discriminatory legislation.
If greater nondiscrimination efforts can make our state even more economically competitive for job growth and wage increase, then we have an opportunity to gain new allies in the fight for equality and equal treatment.
It is time for our state to listen to the job creators: discrimination of any kind is wrong, and it’s bad for a growing economy.