Finally, we have a term for all of those people who've gotten screwed over by the bailouts: "The sucker class."The stated intention of the post-financial crisis bailouts was to keep the economy from collapsing and ensure the economic well-being of ordinary Americans, but in reality, the bailouts had the opposite effect, according to Rolling Stone’s Matt Taibbi.
“[The] bitter reality … is that the bailouts officially created a sucker class,” he writes in his most recent article.