Feels worse to me in scope. Subjective, of course, but the combination of inflation and interest rates seems to have a broader impact. It was easily possible to get through 2008 mostly unscathed unless you were just about to retire, but everyone's already been taking a hit for some time now and it could get worse. I have less confidence in the current admin than in 2008 as well. I 100% expect lies and corruption and for working people to get screwed the hardest.
Nowhere close to the hit everyone was taking from income declines across all income groups except (well, at least the bottom 95%) in the 2001-2007 “expansion” leading into the 2007 Great Recession. (And, also, the much longer period of much higher interest rates, with much higher consumer debt load, leading into the 2007-2009 Great Recession.)
