Well I'm not gonna go through point by point, but I'll just add some of my thoughts...
Firstly, I think that Vince McMahon is the blame for everything that is wrong right now in WWE. Whatever state WWE is in, whether it is great or ****, Vince is the reason for that at all times in my opinion. Secondly, Gerwirtz, the Raw head booker, sucks ****. There can't even be arguments on that. Look at Shelton Benjamin, he was on Heat wrestling losers on the Raw brand, then he goes over to Smackdown where he becomes one of the biggest parts of the show. I know you can't base an opinion just because of this, as maybe they wouldn't let Shelton come up to Raw while he was there, but it's not like it's an arguable fact. Gerwirtz just isn't very great.
And now that that's clear, on to Triple H. I'd like to start off by saying that in 99/2000/2001, while he was't the greatest wrestler, he worked his ass off and had some truly awesome matches. Now however, is a completely different story.
He's pretty much the only big star on Raw... True. But why is that? It's his own damn fault. Look at Chris Jericho. He could have been a HUGE star, but he lost to Triple H over... and over... and over. Then, just when you thought he'd finally get a win over Triple H (Last Man Standing, HIAC...etc.), nope. He loses again. It's amazing how lopsided their records are against eachother, in that Triple H has about 50 wins to Jericho's ZERO.
Then the time when Jericho was the Champ, he was made to look like ****. Picking up that dog's ****, going out and getting Stephanie things, etc. Jericho was never made to look like a threat to Triple H in any way, and it sucked. The simple fact is, Triple H is banging the boss(es daughter) and he can do whatever he wants.
Let's just look at the credibilty of the Raw title right now. It was ****ing handed to Triple H, that was the first problem. Then he goes on to dismantle everyone in his way (like RVD for example. WHy not give RVD a run with the belt? He was hella over andno matter what his style is, he's a better wrestler than Triple H is right now, so instead, Triple H brings him down to HIS level and in their PPV match he keeps it limited to headlocks, after headlocks, after headlocks). He stills gets more time than anyone does on any of the shows for his stupid promos, that honestly are the most boring things on WWE TV, and that is saying a lot.
At Rumble, Triple H stinks it up in his match (well, I can't only blame Triple H, but either way it's not like Triple H has had any good matches lately) while Jericho puts on a great peformance in the Rumble match. THE CROWD F'N BOOED WHEN HE WAS TOSSED OUT! Get a ****ing clue already and turn Jericho face, put him against Triple H and have him beat him CLEANLY.
Now I do agree that Austin is the same way as Triple H, as in they both rarely ever job, nevermind cleanly, and both make people look like complete jokes (Austin~ Booker T, wouldn't lose to Brock not that I really disagree with that though, wouldn't even feud with Jeff Jarrett, etc.) but Austin has at least earned some sort of right to have a say in what he does, as he's the biggest drawing SOB in the history of the WWFE.
Another thing, he goes into staff/creative/booking meetings. Why the **** is this? He's a wrestler, he shouldn't be allowed in those, case closed.
It's not like we're pulling this **** out from our ass either, it would take a blind, deaf, mute, and dumb person not to see that Triple H has it out for Jericho. There are always rumours that Triple H doesn't like to work with more athletic people than him (which would explain him working with Steiner and Kane just for the record) and tons fo other things. Yeah, they're only rumours, but it gets to the point where they sound pretty damn accurate. What else is there... Oh yeah, if you didn't hear he apparently stopped a match (or maybe two, I forgot) in the middle of a house show when he was fighting Kane because the crowd was fooling around or something. He then goes on the mic and tells them he is there to entertain them and to watch what's happening.

Or the best one yet, he apparently goes into the locker room and yells at everyone to work harder and to pull their load. If that one's true, then all I can do is LMFAO.
Now I know a lot of these things are rumours and just what it seems like, but look at the facts too. How often does Triple H ever job (not counting his friend Shawn Michaels)? Sure, he's making Steiner look strong, but then again Steiner's a roided up freak who's even a ****tier wrestler than Triple H is right now and he probably knows he'll be fired before Mania anyway. When has Triple H EVER helped to make a start out of someone? Look at Hulk Hogan. The man was known for being the biggest non-jobbing POS in the business, and he has jobbed time (Angle) after time (Brock) after time (Rock). The Rock might not be dedicated to wrestling, but you can't deny that he'll job, cleanly too. To Brock, to Austin in the main event at Wrestlemania (more than once), to Chris Benoit (Tapped to the crossface), to Angle.
And like Penguin said, when you watch a Triple H match, you don't think "I wonder who will win" you think "I wonder how long before Triple H wins" and that is pretty much unarguable. Just ask yourself how many times you actually though the other guy had a shot in a match. That's part of the reason why I hate his matches now too.
"How about your old precious Kurt? What was he before H? Also, what about Jericho? Before his feud with H it couldn't have been imagined that he would be in a WM title match.... let alone the first undisputed champion ever!"
I don't get what you're getting at, because before Triple H ,Kurt was one of the most entertaining guys in the fed, and still is now. I don't remember Triple H ever jobbing a title to Kurt, although Rock did. Austin made him look GOLDEN. And the only thing that Triple H did to Jericho was make him look like a joke, about six times. He had nothing to do with Jericho being Undisputed Champion either, other than taking it away from him of course. It was The Rock and Austin that Jericho beat for that belt, and he was looking awesome while feuding with the Rock (for the WCW Belt too).
"But I heard from my friends that that match was both the best match they have ever seen steiner in and one of the worst H has been in."
I saw the match, and Steiner sucked ass. So did Triple H. Your friends must not have seen Scott Steiner before one month ago if they thought that was his best match. I can probably name 50 that are better off the top of my head. The last big match (the last Nitro) he had was better than this match (vs Booker T). His match against ****ing Goldberg was better. Years ago when Steiner was in a tag team with his brother, he had TONS of matches that can only be described as FIFTY TIMES better than ANYTHING Triple H has ever done in his life. From WWFE days, I know for a fact that the Owen/Bret Hart vs the Steiners is so much better than anything Triple H has done lately or ever it's not even funny.