Lippman vs Dewey

So the argument stands that Lippman states that the people are too uneducated to make decisions regarding government, and that experts should be in charge instead of the general public in which he cals a Technocracy. However Dewey states that the public should be in charge because they can make rash decisions, such as Occupy Wall Street, and if they couldnt it was because of the poor education system implemented by government to begin with. The movement is basically 99% of the people revolting against the 1% who make over $300k and the differences in tax cuts. The banks failed and the government bailed them out, leaving the people to suffer, losing their houses and jobs, while the companies that were bailed out were giving CEO's mutli-million dollar bonuses and companies generated profits over a billion dollars. The fact is that we did need the government to bail these companies out because these companies are the backbone of our economy. However, these companies turned around looking for profits from the people who had paid for these companies to be bailed by the government through taxes. Essentially these companies took advantage and misused the funds to make profits and pay bonuses to CEO's. After the banks were bailed,  the government went broke and have slowly been bought by the companies it bailed out in the first place. So now these companies have a lot of influence as far as govenrment regulations in part by lobbyists. Dewey states that if people are smart enough to see that if people can identify a problem such as the one on Wall street that they are capable of making decisions regarding government regulations. This is what a democracy is about , having the people have a say in the way we are governed and have it regulated by the Senate. However since the republican Party has taken over the House, many regulations proposed by Democrats have been rejected by the House and is more in favor of the Republican party, which of whom are also in favor for the 1% of America who make salaries of above $300k. It almost seems as though Lippmans theory is more in favor since the 1% somewhat control regulations such as his "experts" and the 99% make up a majority of American citizens yet they dont have a say in much of government regulations because it is influenced by the money of the 1% through the bail outs. This is an exmaple of how greedy the rich are and that middle class is almost non existent anymore and the gap is basically between the rich and the poor now. There is no inbetween.