Bad idea...the president is an office much more powerful than the founding fathers ever intended. Now you want to put the brainwashed masses in charge of electing him or her? This will only lead to a more extreme welfare/warfare state....all with the best intentions to help the poor here at home and to spread democracy worldwide. Terrible idea, the only reform that needs to be made(other than doing away with electronic voting machines) is to change to a proportional distribution from the electoral college as opposed to winner takes all.
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