Recessions are always declared after the fact, even in the dumbed down case
In other words, you don't know you have had 2 quarters of negative growth until a couple of months after the second quarter ends.
Regardless, we are in a bad place. Its exceptional in the sense that its not just 'simple' lack of economic growth/business cycle, whole swaths of our economy are in free fall and whole aspects of capitalization are deeply and badly broken. Trying to determine how bad this context is by focusing only on a very 'corrected' and 'special cased' measure of economic growth is like trying to divine how bad a computer is broken by looking at the mouse.