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considering that we don't elect our leader for an indefinite period, I'd say a report card every 4 years goes right in line with what the constitution expects, and if the person in the position of leader isn't doing a great job, we get to vote for a new one. I don't think that's a letdown at all. I happen to think it's pretty fantastic that we get to vote out liars.
GHW Bush lost his election to Clinton primarily over his "Read my lips" comment. He made a promise and broke it. Of course, the economy was tanking, but he broke a very vocal campaign promise and he paid for it.
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"I can normally tell how intelligent a man is by how stupid he thinks I am" - Cormac McCarthy, All The Pretty Horses
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