I read that Heritage Foundation link and I can only say, nothing has changed with their style of writing or their bias. The biggest problem I can see with their reasoning is that none of the writers (and you can be sure there were many) ever actually studied the history books beyond what they were required to read in college (assuming they actually went to college).
Case in point...consider the following two quotes:
Danni said, "If Obama wants to be a great president then he better take a cue from Roosevelt(s)."
Ray's reply was, "In other words, what this country needs is a twelve year depression and a world war."
The fact is, that's pretty much the strategy Bush took in 2003. The war in Iraq was a knee jerk reaction to the cliff that wall street fell off after 911.
Ray insinuates that Roosevelt's plan was an economic plan. It was not. It was a war of necessity in a time when there was serious threats to the freedom of the West and the East.
Like all wars it resulted in the Law of Unintended Consequences changing the the US and the world's economy, not political policy. In the US alone, it contributed 16, million minimum wage jobs just in soldiers alone and uncounted many millions more jobs in the civilian ranks.
The resulting increase in jobs (and consequently tax revenue) allowed a record debt in 1945 to become a surplus by 1948. Just three years time. Unfortunately America paid a huge price: 416,800 young men lost their lives and a couple of million were disabled.
Bush's war in Iraq, in contrast, did not significantly add to the job market in the US, added a huge deficit worse then WWII and did little to add jobs to the private sector as the job market in America was failing anyway. His death toll: 4,686 and disabled for life, at least 150,000.
The fact is Bush was simply an under achiever (nothing new about that) but his war effort offered no return at all, not even increased security. Worse yet, the economy was left in shambles.
The moral of the story? There is none. All you armchair geniuses over look the fact that had Bush not gone to war in Iraq, there would be more then enough money to fund universal health care, and enough left over to refurbish our factories and power plants to easily meet carbon standards now being dictated by all the governments of planet Earth, not Obama.
Furthermore, had Bush's tax cuts on the wealthy been overturned, business would be scrambling to find ways to invest the money in their business instead of off shore bank accounts and increased executive pay.
Anybody who has any commonsense at all in economic theory will tell you today that the trickle down theory Bush and Cheney shoved down our collective throats was an absolute failure.
Screw the Heritage Foundation and their twisted right wing propaganda. That organization is no think tank for conservative values, it's a propaganda machine for big business to fool gullible uneducated right wing lemmings.