Plural form of "Squatty." A term used by "adults" to refer to children. It is meant as to tease or make the children feel like little babies. This verbal expression of enmity is most often used by a teasing uncle when referring to his nieces and nephews. The term is based on the observation that young kids squat down instead of bending down to look at things. This squatting behavior ceases when children grow up, become less limber, and start developing a better sense of reason and logic.
When speaking to young children an immature adult or older kid might say, "You wouldn't understand; you're just a bunch of little squatties." The children usually run to the nearest responsible adult and cry out, for instance, "Grandma, Uncle Matt just called us squatties!"