I understand the sentiment, but even with the bailouts 2.5 million people lost their jobs and we continue to see second order effects of the crisis, like deferr

I understand the sentiment, but even with the bailouts 2.5 million people lost their jobs and we continue to see second order effects of the crisis, like deferred home purchases, declining birth rates, low or nonexistent retirement savings, and political instability. Imagine how bad it would be if there was a total collapse of the financial system. That's what the situation was before the bail outs.