A team of eminent bean counters at the National Bureau of Economic Research has concluded 2020's $800 billion Paycheck Protection Program (PPP) was "highly regressive" and that Trump screwed middle- and working-class Americans.
Only 25% of the funds went into the pockets of Americans who would have lost their jobs otherwise.
The PPP bailout exceeded by $100 billion that which followed the Great Recession, when Lehman Brothers, AIG, Fannie Mae and Freddie Mac imploded.
Economists have since determined that the 2009 bailout—known as the Troubled Asset Relief Program (TARP)—while failing to correct the causes underlying the financial system's collapse, made Wall Street executives richer than ever.
Ironically, the public's bitter memories of TARP's injustice propelled Trump into the White House in 2016.
And the little people?
We were screwed. Again.