It turns out it is not an OBS issue, the Windows driver sees it as a "microphone" and since it thinks all microphones are mono devices it sets it to just one channel. Unfortunately I haven't figured out how to tell Windows it is a 2 channel input. But at least I know it is a Windows issue not OBS.
I tried plugging in a different stereo audio input device (coming from a PTZ camera) and Windows saw THAT as stereo. So it seems it is just how it sees THIS device.
It turned out the solution was to right click on the speaker icon in the task bar, click on Sounds, click on the recording tab, click on the device, click on properties, click on the advanced tab, then click on the drop down for Default Format, it was 1 channel, change to 2 channel. This is not available in the normal sound settings. This is REALLY hard to find. I hope someone else that has this problem can see this solution.
In answer to earlier question, yes I'm talking about the global audio inputs, and audio out is set to stereo.