Not the Great Depression - Yet?

Numerous experts have pointed out that this current crisis is not the Great Depression. They point to the much lower unemployment rate, the current economic doldrums but not chasm, the fact that millions are not living in tent cities, and other issues. They are right, but they miss the fact that this may just be 1928. All the very bad conditions from the GD were yet to come. The country was electing a President. The stock market was still booming and a Republican, Herbert Hoover was on the verge of replacing a silent Cal Coolidge in the White House. Although there were warnings of trouble ahead, the election campaign was upbeat. The trouble began in earnest after the election and by 1931 the meltdown was almost complete. It would take almost 20 years and a World War to reverse the downturn. The question to be asked now is not whether this is the Great Depression, but whether this is 1928?