Federalist Nos. 71 – 72

In three sentences Federalist No. 71 conveys the primary reason to prefer a republic over a democracy:

It is a just observation, that the people commonly INTEND the PUBLIC GOOD. This often applies to their very errors. But their good sense would despise the adulator who should pretend that they always REASON RIGHT about the MEANS of promoting it. (emphasis original)

By separating the people from direct decision-making a republic insulates the nation from mob rule.

I found great irony in the following truth:

The representatives of the people, in a popular assembly, seem sometimes to fancy that they are the people themselves, and betray strong symptoms of impatience and disgust at the least sign of opposition from any other quarter; as if the exercise of its rights, by either the executive or judiciary, were a breach of their privilege and an outrage to their dignity.

Sometimes today it seems that the representatives of the people in our "popular" assembly have fancied that they are the people themselves and they often appear impatient or disgusted at opposition from the voters when they are busy trying to promote the will of the President.

In talking about the duration in office of the president (Federalist No. 72), Hamilton comes out in staunch opposition to term limits:

Nothing appears more plausible at first sight, nor more ill-founded upon close inspection, than a scheme which in relation to the present point has had some respectable advocates, I mean that of continuing the chief magistrate in office for a certain time, and then excluding him from it.

As in various other decisions in the original Constitution we have changed our stance on that since that time. Unlike other such examples I believe that this change has been positive or at least neutral for the nation. In fact I have been one to favor the possibility of adding term limitations to other elected positions. There is one way in which I could see someone arguing that term limits may have contributed to our imperial presidency:

An avaricious man, who might happen to fill the office, looking forward to a time when he must at all events yield up the emoluments he enjoyed, would feel a propensity, not easy to be resisted by such a man, to make the best use of the opportunity he enjoyed while it lasted, and might not scruple to have recourse to the most corrupt expedients to make the harvest as abundant as it was transitory;

I’d love to hear other perspectives on whether our two term limit on the presidency has been a good or bad thing for the country now that we have had half a century to see the results.