2" foam is the only way to go !
 Bubble foil insulation is great for roof and walls , I have used it on just about every building I've built here , including under the vinyl siding on our house , the only true value bubble foil ins has , is the foil , the foil will reflect 97% of the heat  ( according to the sales rep I used to buy truckloads of it from when I was in the pole building industry ) the catch is that you have to have an air space for the heat to reflect . 
When the foil is in contact , it will actually conduct , not reflect , all that the bubbles do at that point is create a thermal break .
Hot air rises , heat radiates 360 deg , your concrete slab will be in contact will the soil , ( 50 -53 deg ? ) , your goal is to stop the loss of heat to the soil .
R = resistance to heat loss , the higher the R value , the higher your resistance is to heat loss . 
Sorry if my rant bored you , but next to wood stoves and Milwaukee tools , I love saving energy  ( and money saved by saving energy ).
Tim