Because “slow” is fast enough. There’s more to balance than download/parse time of your tools. If the only thing to worry about is speed then don’t build anything at all: no code is faster than no code!
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I don't necessarily disagree with you. But "massive benefits" are relative. For example: If we have a new feature that is expected to generate X revenue associated with a marketing campaign - then speed of iteration becomes more valuable.
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Genuinely curious (not trolling, I promise): Are you as passionate about perf inside of Google as you are publicly? If you've been unable to get Google's products to adopt this mindset what does that tell you?
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We are constantly improving it, and currently working to make things a little faster, too.

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& Web Standards TL; Blink API OWNER
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