I will have to say that we have a fundamentally different views on how the economy works
A recession is great for people who have cash on hand to buy up assets at foreclosure rates, it is horrible for everybody else who has debt against their assets, needs jobs or has their money in the stock market
The primary way to end a recession was demonstrated by FDR as he applied Keynesian economics to put cash into the economy at the consumer level, by hiring them to create infrastructure. This ignites markets by creating demand, and prolongs the recovery by creating resources for those markets to use and grow larger.
This continued growth was demonstrated over the following three decades as the American economy, and middle class grew at phenomenal rates
Some people do not believe in Keynesian economics. They call their version supply side economics and believe that you need to 'give' money to the corporations (via tax breaks and corporate welfare), and that it will somehow trickle down to the consumers. This has not been demonstrated to work out very well for the American economy (makes it prone to boom bust cycles) or the American middle class, which has been reduced by these policies.
I only see President Obama's shortcomings to be that he paid heed to supply side demands by including tax breaks in the stimulus and failing to spend more money on infrastructure build outs
As far as your claims of inflation, I find those to be spurious, much like the cries about hyperinflation resulting from the initial stimulus