It is hard to begin to describe what is wrong with this article. I agree that BO hasn't been very good at recovery, but not for the same reasons. The author cites the FDR model as why we have failed so far. But the FDR model worked to a great extent. It was only after they tried to balance the budget in '36-'37 that we had a setback. And what brought us out of it finally? War, the ultimate in Keynesian style government spending.
Top marginal tax rates under Reagan were over 50%. Obama wants to revert it to 39.6%. The tax rate on dividends during the Reagan presidency was full, except for a few hundred dollars exempted. Currently, they are 15%.
I can't take someone seriously that works so hard to obscure that which runs counter to his argument.