Jon Stewart on "World of Class Warfare" | Hillman Foundation

Clear It With Sidney

The best of the week’s news by Lindsay Beyerstein

Jon Stewart on "World of Class Warfare"

Some links on jobs and the economy:

-Daily Show host Jon Stewart mocked conservative pundits for accusing investor Warren Buffet of engaging in “class warfare” with an op/ed suggesting that the rich should pay their fair share of taxes.

-The Department of Labor announced Friday that the unemployment rate for July rose in 28 states, fell in 9, and remained unchanged in 13.

-Thousands of unemployed African Americans braved sweltering temperatures to attend a job fair sponsored by the Congressional Black Caucus (CBC) in Atlanta on Thursday. Several people were treated for heat exhaustion. As Andy Kroll reported in Tom Dispatch last month, unemployment is high for everyone, but especially for black men. The overall unemployment rate is 9.1% but the jobless rate for blacks is 15.9%.

-In a wide-ranging interview on job creation, race, and the economy, Time Magazine asked former CBC chair Rep. Maxine Waters (D-MI) how the how the machinations of the new 12-member “Super Committee” are likely to affect poor and minority citizens. The veteran legislator didn’t mince words, “I hate the idea of the ‘super committee.’ It undermines the ability of elected officials in this country to be truly representative of the people who sent them there. The way this is forged, we lose any way we go. They have the mandate to cut $1.5 trillion. And if they don’t get it done, you get $1.2 trillion across the board. It’s the worst kind of legislating that could be dreamed of. These cuts are going to dig deeply into these cities. We’re in for some hard times.”

-The unemployment rate in Texas is at a 24-year high, according to the latest statistics from the Texas Employment Commission. So much for Gov. Rick Perry’s “economic miracle.”