Obviously, when I posted I didn’t realize that people would assume that I meant this woman in the photo. I didn’t. I do believe we are in a Depression and a lot of freepers are in denial.
I agree with you. Economists will one day look back at these times and write in those terms.
Among other things, they will point to the current, continuing high (disguised) employment of those who have given up looking for work, employment unemployment levels which are on a par with those in certain years of the Great Depression. It is amazing to me that the American public seems so indifferent to this phenomenon, which they surely must be aware of from just their interaction with others.