Take the largest state in the country and check their health.
If we do that for California we see issues. Check out this graph.
If you look closely, ok you do'nt have to look closely, but if you look you'll see that there's really no change as of late, unemployment numbers are still very high.
Couple that with foreclosures and bankruptcies and you'll get a bleak picture. There aren't many states that are doing any better. Seems to me whatever was broke is still broken.
It seems clear, we're in another recession, in fact, we barely came out of the one we were in.