Shared by @silverton: Even you'd have to concede "YET" ... right Barry? This is very good context for Where We Are; but surely you're not presenting this as some kind of "proof" for Where We're Going?
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This chart makes it pretty clear that the current recession is no Depression:
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Data from 1929 is not seasonally adjusted, Current 2007 data is SAAR > Sources: NBER Database http://www.nber.org/databases/macrohistory/contents/chapter08.html NBER History http://www.nber.org/macrohistory/ Hat tip Rob
[extracted from 1929 Versus 2007: Employment Change via feedly]