No I do not think that this recession is comparable to the Great Depression of the 1920’s and 30’s because, back then the job loss and value of the stock market hit rock bottom within years. So far, the stock market is holding on and the job loss is not as comparable. Obviously it’s not great, but it is not as bad as it can be.
The similarities of the recession today and the Great Depression have are that both had been started by the taking out loans of amount people knew they could not pay back, yet when they did it, a person told them it would be tight, but they could handle it. The stock market also lost a great amount, but today, even though it has lost more than wanted, it has not crashed.
Has this economic crisis reached the extent of shanty towns, starvation, and lead to the rise of facism in other countires, yes and no. Who’s to say. One thing though is that countries are looking for help from (now I can’t really remember) either Russia or Germany because one of those countries is actually doing the best, not the greatest, but better than the others. In order for shanty towns to be made, this recession will have to become a depression.
In all honesty, it apparently took several economists almost a year to say what everyone had already known, which was America was in a recession. So the least to say is that I have very little hope that the people running this country know what they are doing and know what to do.
But I still think this recession can’t be compared except for the similarity in which both were started. Yes, the job loss, the foreclosure on homes, and the raising of prices has become worse than before, you have to remember that all may not be what it seems. You also need to remember that people, especially those dealing with the news, blow things out of proportion. When the job loss was first being reported, they said so many thousands to hundreds of thousands of people lost a job. What they didn’t tell you was that the jobs were part time ones or ones that teenagers or those without any training in a field or college degree were lost. What they also didn’t say was jobs in other forms that require further training or a college degree that were lost, were either empty jobs or jobs that were not of great importance in a company.
So I guess we will have to just wait and see for the common people really have no say in things. We will just have to wait to see what the next thing the socialist lord Obama will do next. Chances are we are in for another mistaken repeat of history in which this government should have learned from a long time ago.

If you think this is a joke, think again.
FIRST My soup kitchen is not serving lunch and there was a fire in the basement. And on Thursday when I was supposed to get food at the convent, my brother took me to get cable tv instead, and only channels 2-22.
SECOND a loaf of normal bread ia almost four dollars. You have to eat every slice or you are broke. Milk is almost $3 for a half gallon.
THIRD, the price of just dialup, plus the price of electricity, plus the price of tv, plus the price of crossword puzzle subscripton basically you have nothing left for cigarettes, so you have to order from Indians and pay the tax whenever you get a dam job.
So, for smart ones who are cross referencing, if you think you know, ask yourself, “do I know? Do I really know?” Just ask, then ignore when the beach volleyball comes on.

Sorry, but this economic crisis is not nearly as bad.
People are indeed losing their homes, jobs, and everything else, but that isn’t America as a whole. (if you notice, enough people are still on yahoo answers )
It hasn’t gotten to an extremely bad point yet. Who knows, it could. But lets hope it doesn’t.