I’ve been sort of mentally tracking our not-a-depression with the Great Depression myself. I figure we’re on the eve of 1933, myself. Worst year of it overall, as far as unemployment and bank failures. Of course, it was regionalized even then, with some areas faring far worse and some far better. For instance, it didn’t hit the fan here until 1934. Conditions varied across the country then just as they do now.
I was thinking not so much in economic terms as in being on the precipice of a world-transforming event. I do not anticipate significant improvement in the US economy in the near future.