I also find the phrase "soft bigotry of low expectations" amusing, because it's only ever applied to individuals.
When it comes to corporations or hedge fund managers asking for a handout, no one says "No, because helping you would prevent you from being able to raise your expectations if you just did it yourself!"

Come on, banksters, you don't need government bailouts, just try harder! We know you can do it!!
the phrase used to describe that is: moral hazard. If the banksters get bailed for stupid decisions, they'll do it again (and I'm quite sure they will).