The reasoning seems to go: 1) The stimulus was supposed to mitigate the effects of the recession, and 2) The recession was still very bad, therefore ========

The reasoning seems to go: 1) The stimulus was supposed to mitigate the effects of the recession, and 2) The recession was still very bad, therefore ======================= 3) The stimulus had no positive effect/was not worth the cost. Now, who wants to play the game "find the fallacy"?