Of course, it would have been more successful, but they did what they did because our administration is so heavily corrupted and lobbied by private interests. They gave massive bailouts and interest-free loans to entities that will just end up defaulting and not being punished for it, and to placate the populace gave us crumbs instead. And even those crumbs ran out.
Bailouts that go to large corporations don’t help any of the employees. there’s no such thing as trickle-down, and the only thing that would have lifted all boats is a rising tide of giving that cash directly to citizens themselves. You and I don’t lobby, but a billionaire conservative like Peter Thiel or Koch sure does.