Why were the 2008 government bailouts bad?

There is a huge consensus that the government should have bailed out everyday Americans instead of corporations during the 2008 meltdown.

But I don’t understand…

A government bailout is not free money. Most of the bailouts were loans that were paid back. These loans ultimately came at zero cost to tax payers while stopping even more bleeding. Jobs were saved and much damage to the economy was mitigated.

To me it seems like it worked out with little government money being lost in exchange for massive benefits.