FROM CNN's Jack Cafferty: Poverty in the U.S. is even worse than we thought it was. There are almost 50 million people living in poverty. That translates to 16% of all Americans. The Census Bureau adjusted the official 2010 poverty figures up from 46.2 million, or about 15% of Americans. This new poverty rate takes … Continue reading Where is the U.S. headed if 16% of Americans are living in poverty?