"You assume that people never before lost jobs or their savings."
Why would you think I assume that. First of all, I am in my late 60s, and I can remember how scarred my parents generation was by the "great depression". I heard plenty of tales of woe growing up. Before the crash, my fathers parents were earning around $50,000 per year. They lost all their money to an unscrupulous stock adviser. They also lost their work as they were professional artists. If it hadn't been for FDR's projects for the employment of artists, many would literally have starved. My maternal grandfather lost his job as a chief engineer on major passenger liners around 1916, and only could get work on tramp steamers after that. He had just bought a new house for his family, and my mother remembers that food became very restricted after that even though her mother went to work as a nurse/home health aide. Incidentally my grandparents were all loyal Republicans.
Oh, I see, Republicans who I bet venerated FDR. That explains some of your posts.