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The IQ of the average american in 1776 was around 10% higher than the world (the migration filter) and the IQ of the average founder and designer of the constitution was probably in the 130 or genius level. This is why a self regulating constitution worked for them and it doesn't work for a dumb population like today.

(One of the key things a smart person knows that a dumb one doesn't is that you must sometimes sacrifice your short term immediate gain for principles which serve your advancement more in the long run.)