Point 3 and 4 are wrong. There is no evidence that SSRIs work by fixing a chemical imbalance.
There are multiple metananlyses in top tier journals that indicate that SSRIs have an irrelevant clinical effect. SSRIs are almost all placebo with the downside of causing serious side effects. The small effect that isn't due to placebo is probably not clinically relevant.
The only cogent defense of SSRIs I have read is http://slatestarcodex.com/2014/07/07/ssris-much-more-than-yo.... The author is a practicing psychiatrist. The main disagreement he has with the large metaanalyses is that even though the effect size is small it's better than nothing.