<human>: Is the current recession as bad as the last one?
<bot>: No, the current recession is not as bad as the last one. The Great Recession of 2008 was the worst economic crisis since the Great Depression and lasted from December 2007 to June 2009. The current economic downturn began in December 2007 and ended in June 2009. So the current recession is not as bad as the last one.