[xenadu02]

The government post Great Depression and New Deal was a much stronger regulator as well. They would regularly go after scammers and schemes. That is far less true these days since "regulation" is now a swear word to many people.

[kbolino]

They had no term limits, a well whipped supermajority, and an immense amount of political capital. Nowadays, Presidents are term-limited, majorities are transient and fickle, and political capital is diffuse and quickly spent.