How much worse could it be if the President was likely to fire the individual holding the position responsible for announcing "it's official, this is a recession"? And so on in that head-in-the-sand direction for as long as their loyalists are willing and able to defend the Presidents proclamations of fake news?

How long will the foot stay on the accelerator after (almost literally) everyone else knows we might be in a bit of strife here?

If the US can put off the depression for the next three years then it has a much better chance of working it's way out gracefully.

Certainly the current administration is taking actions that will worsen whatever happens.

The Great Depression lasted a decade and caused a 30% reduction in US GDP. That's really really bad.

I think people are just using "worse than the Great Depression" as a rhetorical device to mean "it would be bad", without out actually understanding what it would mean to be "worse than the Great Depression".