It is apparent that the economy is going to get a little bit worse before it gets better, especially in these states. These states are facing just about the toughest time right now, and if you live in these areas, you may feel the crunch just a little bit more than others. The only question is - how far will it go, and how many states will see the effects before this is all over with?

California

Apparently, the Golden state is not done facing financial hardship - at least not yet.  The huge unemployment surge, coupled with the housing collapse and the falling state revenue, has served to cause the state to acquire a massive budget gap. But do to voter-imposed restrictions, the lawmakers in California are having trouble closing it.

Arizona.

Arizona is heavily dependent on a growing economy to bring in revenue from taxes, which this year, did not happen. As a result, lawmakers relied on a series of short-term fixes instead of long term problem solvers, and the state is now paying the price.

Rhode Island.

The western part of the United States is not the only one feeling the trouble. Rhode Island has one of the highest unemployment rates in the nation, and is a leader among foreclosure numbers. High taxes and excessive budget deficits don’t help either.

If you live in any one of these states, then the burn may be affecting you to. If, however, this is getting you down, consider the fact that Michigan, Nevada, Oregon, New Jersey, Florida, Illinois, and even Wisconsin are all facing similar problems. At least we are all in this together, and for better or for worse, it is time to stick it out. Time will work in our favor, but it is going to take a little bit.