Thank you everyone for all your kind words of encouragement. I really appreciate them. However, let me start by sharing the cold hard facts:
What is the overall problem? Well, I knit the wrong size actually. Oh yes, even I do those things. I should've knit the second to the smallest size and instead I did the smallest which, if I had paid attention, I would have realized obviously wouldn't fit. My gauge was pretty close to correct so why I thought the sweater would knit up a different size, I have no idea. Perhaps I was overly confident (even though I've told my kindergarteners "being a braggart is unbecoming"). Who knows? Right now me and Audrey are in a "cooling off" period. I'll probably frog it tomorrow and wait until the weekend to get started again (or maybe next weekend).
In the meantine, I did what any disheartened knitter would do: look for a new project. Specifically one of the instant gratification kind. I took one of my squares for my Mitered Crosses Blanket to knitting group but have started considering something small and full of instant gratification.