Crowds of people stand in the rain to hear President Franklin D Roosevelt's inauguration speech.

The transcript highlights the economic struggles faced by millions of families, describing their meager incomes and poor living conditions. It discusses the lack of education and opportunities available to them, and how poverty affects productivity and the economy. The address paints a picture of a nation where a significant portion of the population is ill-housed, ill-clad, and ill-nourished.

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