Critique- gdp growth in fourth quarter

The reason why i picked this to critique is because i found it interesting to see that the GDP grew. As mentioned in the original post it is difficult to raise national gross domestic product), or GDP because of the recession. As mentioned in the original article the economists estimated a wrong percentage amount instead of the GDP being 3.0 percent it finalized at 3.2 percent which shows that the GDP was greater and the United States did better in the fourth quarter even though it wasn't expected. As my peer mentioned in this article the government decided to increase government spending and to cut taxes, there are also other ways that the government can expand the economy (in the expansionary phase). One of the ways that the government can stimulate the economy is by figuring out a way for people to start spending more money. Either going shopping or buying more products. As my peer mentioned i also agree that this is a great start for the United States after a period with a reduction in employment and prices of regular things being at an all time high. I would also agree with the statement that my classmate said about jobs opening up, since the economy is growing this could also mean that there are going to be more jobs coming along with that. Overall the country would progress in kind of a rapid time. ONe of the things that his article mentions is the government maintaining a balance between government spending and a steady price with taxes, this is true in all ways because people need to trust the government and know that there isn't going to be a rapid change where everything could change and then the money that the people spent from their savings would be gone and they would be in financial problems. I thought one of the more interesting things mentioned in this article would be the fact that the student mentions about how the government cannot control the prices of oil for example which is a critical good that we need in our daily lives. Some of the products that we use every day are imports coming from other countries, and one of the negative aspects of that is that there is no way for the United States to control the prices, the other country is the one that sets the prices and we have to deal with that to get the good that we need. AS mentioned in the original blog post the Federal Reserve can play a very important role in economic growth like the reserved requirement ratio that the banks have to follow. Depending on this that is what "Creates" money in banks. This ratio is the amount of money that the banks have to have at hand at all times, if the ratio is less then that means that they can "create" more money by giving out loans. Overall this original blog was very interesting because it gave a deeper explanation about the economy especially explaining how the economy has grown and what exactly was the reasoning in it doing that.