Thomas Dewey Criticizes Roosevelt Administration In Campaign Speech

The transcript criticizes a past administration for its defeatism, economic failures, wastefulness, and loss of faith in itself and the American people. It highlights the administration's inability to restore the domestic economy over eight years and describes it as the most wasteful and incompetent in the nation's history.

What does the term 'defeatism' imply in the context of the administration's actions?

What factors contributed to the perception of wastefulness and incompetence in the administration?