I never liked the concept, now I hate the word even more. Popularized in the 4th quarter of 2008, the word bailout has now become omnipresent in nearly every political conversation. According to opponents of various pieces of legislation, it would appear that every law that benefits anyone from here on out is a "bailout."
For example, a bill that helps unions by allowing their to organize through signature-gathering campaigns is suddenly a "union bailout." It doesn't include big fat government checks being written to save unions from their own business decisions, and it won't raise your taxes, but somehow, it's a "bailout."
As a further example, the Ledbetter Act, allowing women who are discriminated against to sue under the law that prohibits wage discrimination without having to discover the first act of discrimination within their first 180 days of work, is not a bill to allow the Equal Pay Act to actually compel employers to obey it. No. It's a "bailout for trial lawyers."
If those two cases meet the definition of a "bailout," then get ready for more bailouts. We might see several thousand of them across the country this year.
Quick, someone stop the word bailout. Kill it with fire. Bury it. Forget about it. Please.