Nope... It isn't about foot lbs. And the difference between a .308 and a .458 hole is just over an 1/8"- the animals aren't noticing. We like to think of a .458 hole as being huge, but it's still small, as is a .30. What that .458 hole allows is more bullet weight, the trouble is the .45-70 just can't move that weight fast enough in the conventional weight range for the cartridge to shock well. A .270 will produce more dramatic dead right there's than a .45-70, just don't try to explain that to the Internet.
Again everybody here will tell you a .45-70 kills. What it doesn't do a very impressive job of is shocking game and "stopping it in its tracks". It is not the hammer people think it is, it's actually a rather underwhelming cartridge with a poor trajectory and uninspiring terminal performance. But people are really attracted to it. And to get right to the point and address the claim that brought me into this, it's not a great choice for Grizzly hunting; it's a rather mediocre one.