Economy -- bail out?

As I see it our government is bailing out the wrong end of the population. If we had money to spend then companies would hire more people and make more jobs to sell more stuff to make more profit. Yet the government seems to think you have to give money to the companies and create the jobs first. Isn't that the reverse concept of supply and demand? If I don't have the money or desire to buy your product then i won't buy it no matter how many people you hire and how many widgets you make. Where did that get us? It got us in debt up to our eyeballs. Credit was extended so that people could continue to buy more stuff and in turn kept people employed. But these people could not afford to pay back what they purchased. If all we want is more stuff why not do away with money all together and as long as you can prove you are being a productive citizen you get free stuff. So here we are with the government bailing out the largest companies in the world with billions of dollars to cover bad assets. Sounds to me like all we are doing is helping to prop up where we were before. These large companies will use the money to pay off these assets. Now the company looks better on the books. However many Americans still will not have jobs? If they want to buy something they will have to get a loan. Sound familiar? Now the cycle starts all over again. If this is really the way it works then I feel sorry for our children and grandchildren.