User:AngelMit21/sandbox

Economic Populism
Economic Populism is the belief that the common person, who is the majority of the country, should have more political control than the elite upper 1% of the population. This in turn would create a much more unbiased, more sympathetic government, that can genuinely make decisions with the common person's best interest in mind.

History
Throughout history, the government has been run by elite, highly educated, diplomatic officials who often, come from wealthy families who cannot sympathize and with the normal everyday struggles of the average American person. This often resulted in laws, policies, unfair taxation, and oppression from the government that stems from the ignorance of those in charge. This has resulted in citizens leading to violence and disobeying rules and laws. Resentment in the government by the people, has made them want to limit the power form the government, by distributing the power throughout other branches of the government and/or placing the power in the hands of the people, who are the majority of the country. Economic populism is an issue world wide, such as Latin America. Citizens in Argentina, Brazil, Chile, Mexico, Peru, and Nicaragua has experience the same unequal use of the government's power, due to policymakers distributing how and what should be allowed. Thus has lead to wages being cut, more violence and massive political instability. Latin America's known as Macroeconomics history dealing with economic's has rapidly repeated with irregular and dramatic cycles. Policymakers has embraced economic programs that rely mainly on the use of expansive fiscal and credit policies and overvalued currency to accelerate growth and redistribute income. In regards to economic populism, William Harrison Riker plays a major role. He was a political scientist who believed people political behaviour is known as a form of public choice theory. Thus people relies on speculations that they base their decisions on their calculation of cost and benefits and their need to expand the latter.