Commenter Donal Slovin splashes some cool water on the FDR comparison:
This speech by FDR, obviously quite stirring, is frequently cited these days. As a caveat, it is worth noting a couple of points. First, the speech was given, at least in part, because of FDR's fear of being outflanked by populists of the Huey Long type, not necessarily because he intended to take much action against Wall Street at that point. Secondly, FDR overestimated popular backing for the kind of activism implied by the speech and, in effect, real reform effectively died in the second FDR administration. Alan Brinkley's lucid history of this period is, in fact, entitled "The End of Reform."
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