Reply #2: Worse today...for sure...

[CoffeeCat]

We are high maintenance creatures today. We need ipods, televisions, cell phones, our big houses, cars
and all sorts of other conveniences just to survive.

Back in 1929, people lived a more simple life.

Also, we have farther to fall today. We're in debt up to our eyeballs. We've got credit-card debt, large
mortgages and car payments and other financial obligations. If our income stops now---it's total catastrophe
and we lose everything. And many people--even people who look very successful, are just a few paychecks
from losing it all.

Back in 1929, people didn't run up debt. Credit cards were non existent, and so were McMansions and giant
SUVs.

We're helpless today. Most of us are complete wimps. We don't know how to cook, sew or fix things any more.
We have the Yellow Pages.

Back in 1929, people knew how to build lots of things, sew clothes, do home repairs and elaborate gardens were
common. People today don't know how to fend for themselves. We rely on others and pay them for services more
than we did in 1929.

If we have unemployment levels similar to the Depression--we're soooo, so screwed. It's also important to remember
that unemployment didn't skyrocket during the Great Depression until about 1932. The 25 percent high unemployment
came much later, after the 1929 crash. We seem to be following a similar trajectory.