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I don't know about literature from the thirties and while you're right that some very popular films produced during that period did indeed reflect the hardship of the time (gangster movies like Public Enemy, Scarface and Little Ceasar, for example) the overwhelming tendency was towards escapism and optimism, usually in the form of either musicals, epic star vehicles or straight up fantasy. It was the success of these kinds of films during the thirties that led Hollywood to begin thinking of itself as being recession proof (an attitude it still holds to this day).
I think it's true that music reflected the era's hardships far better than cinema did at the time. Even so, for every 'Stormy Weather' there were still a dozen 'Puttin' on the Ritz's.
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