What you wrote was the public school history book version. X gave Y reasons to do Z. The details of what happened are important. The Great Depression was not aww shucks bad luck, it was a self-inflicted wound. Many of the fixes tried were also self-inflicted wounds.
The rhetoric is toned down. The present political situation is unstable, and unstable situations are ripe for demagogues to take power. I fear that the expanded interstate commerce clause is our Treaty of Versailles. If we do not build a country to be proud of, someone will slap a few runes and occult symbols on the Flag and say "Here is something to be proud of." And the crematoria will run night and day.
Here's an elaborate and well-defined explanation of the new deal and the changes it wrought on the American political system: http://mises.org/daily/2726
The rhetoric is toned down. The present political situation is unstable, and unstable situations are ripe for demagogues to take power. I fear that the expanded interstate commerce clause is our Treaty of Versailles. If we do not build a country to be proud of, someone will slap a few runes and occult symbols on the Flag and say "Here is something to be proud of." And the crematoria will run night and day.