"That's how democratic access to money policy works; we vote, power realigns in accordance with our votes, and a few years down the road, we do it again."
And therein lies a problem. Under a system like this, policy is geared towards affecting the short term in order to affect the next election cycle and no heed is given to how things play out in the long run.
I think the economy is something we can revisit every couple of years, to see, do we still like the direction it's going? Should we keep the old people in, vote for new people?
Maybe 4 years is too short a time to revisit the question. Maybe too long. I don't know if 4 years is the best length of time, but it doesn't make sense to make it too long a period of time; we've got to have a chance to change course every so often.
And therein lies a problem. Under a system like this, policy is geared towards affecting the short term in order to affect the next election cycle and no heed is given to how things play out in the long run.