All of these bailouts are going towards big businesses, but the majority of jobs (and job creation) are from small businesses.
The Federal government is still spending, as are states that aren't facing budget calamities. What many small manufacturers see every day is this: A government worker will contact a manufacturer about their widget. The rep for the manufacturer will explain the details about the widget. The government worker will put in a purchase req. A government purchasing agent calls the manufacturer for a quote on the widget. The purchasing agent then goes to a major reseller like CDWG (and I don't mean to pick on CDWG, they are simply one of the largest of literally thousands) because they are on the GSA schedule. The purchasing agent almost always winds up paying more for the widget from the reseller because they don't want to deal with the hassles of purchasing from a vendor who is not already set up in their archaic, complex purchasing system. (It seems that government purchasing agents are not taught how to negotiate for better prices.)
The CDWG's of the world get a large chunk of the manufacturer's margin for being nothing more than order takers, and us taxpayers are paying more than we need to for these widgets. Governments should encourage purchases directly from the manufacturers, allowing manufacturers to keep more of their margins. That would make a big bottom line difference for a lot of struggling US manufacturers and it would save taxpayer dollars to boot.