I see that Balotelli is now becoming Liverpool's scapegoat too. IMO he isn't playing as bad as everyone's making him to be. Gerrard has been utter crap the whole season. I saw almost all of Liverpool's games this season even though I hate them, and Gerrard's a ruin of a player, been that way ever since The Slip. As long as he's a starter, Liverpool won't do anything of note.
I think their main problem is that their transfer window sucked. They didn't buy players capable of replacing their last season's starters. For example, Lovren has been shit this season, no way he's better than Agger or Sakho. Lambert and Balo aren't better than Suarez. Markovic and Lallana aren't better than Coutinho and Sterling. Can should start over Gerrard though. The only true upgrades are the fullbacks - Manquillo and Moreno are both miles ahead of Glen Johnson.
In comparison, Arsenal, Chelsea and Manchester United all bought players who immediately became starters and improved the team in their position: Sanchez, Fabregas, Costa, Di Maria, Shaw, Herrera, Blind etc.