The state of the art of "storm management" from a Civil Engineering perspective is a bit more sophisticated compared to 1978. Also, there are in-home and in-office amenities that make living easier in general, so that sort of a storm can't really carry the same impact. Relative to times, we'd need yet a more severe storm than 1978 was, in order to compare/off-set these advantages of more modern, and ever improving capacities to deal with calamities of such ilk.
Secondly, 1978 was ...for lack of better word, perfection. There's this storm in lore from 20 someodd years go called the "Perfect Storm"; truth be told, there are probably a handful of storms dating back 200 to 300 years that could be indistinguishable from 'pefection', in the sense that the parametric design going into them are so exceedingly rare. They transcend the regular pedestrian weather affair that designs the winter-time seasonal norm in our neck of the woods. So having said that, making this storm both comparable (relative to era) to 1978, and ... having it verify as having such distinctive physical components in it's evolution, are very tall orders, and a betting man would be wise to say no - it won't. That being said, at some point in time, ... comets collide with planets. Stars go supernovae. So we can't remove the probability of a dystopic outcome altogether... Best thing to do is heed warnings by reputable media outlets, and for those that understand the esoteric nature of the langue, monitor the modeling, data, and AFDs.