The 2008 financial crisis was disastrous for working people in America. Millions lost their homes, jobs, and retirement savings. Half the wealth of African American households evaporated. Suicides surged, particularly for older men unable to find a new job.

When people finally found new jobs, they were often inferior positions with lower pay and less benefits. Moreover, youth unemployment persisted long after the “recovery,” and many college graduates found their career trajectories irreparably disrupted.

For corporate America and Wall Street, however, the federal bailout and the decade of quantitative easing that followed was a bonanza. Bankers got bonuses, corporations got handouts, and all the big players enjoyed access to incredibly low interest rates.