There are pros and cons to every system of government, but the fact is the constitutional monarchy has worked in the UK for hundreds of years. I agree there are many traditions and laws which need to be updated, but there is a strength in not having a written constitution and ruling by precedents and laws passed by Parliament.
Here in the U.S. the presidency is an imperial one and has been since World War I. The immense power of the President as Commander-in-Chief of the Armed Forces and his ability to set the foreign policy agenda has skewed the Constitutional checks and balances intended by the Founding Fathers of the Republic. So, it's not necessarily the best thing for everyone.
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