President George W. Bush inherited 4.2 percent unemployment in January 2001. That rate had grown to 7.8 percent when he left office eight years later and hit 8.3 percent in the first full month of Obama's presidency.
The quick rise and dramatic fall of the unemployment rate during the Obama years is unusual. In the past 50 years, there's only been one other president — Ronald Reagan — who saw a bigger swing between high and low unemployment during his terms in office.
(Under Reagan, unemployment peaked at 10.8 percent in December 1982. By his final full month as president, it had fallen to 5.3 percent.)
So the takeaway is that President Obama cleaned up the mess left by the LAST guy the Republicans managed to put in office, and that he is sort of like Ronald Reagan, only better.
Sounds like the makings of a good old fashioned Thanksgiving fistfight to me.