[themitigating]

Either the public doesn't reelect you due to economic conditions probably out of your control or you do this.

Democracies often force short sighted thinking because of

1. Frequent elections

2. Situations outside of your control but you are blamed by the public or attacked by the opposition for

3. Voters who may have nostalgia, emotions, and or a bad memory

[jacobjjacob]

People are often trying to implement and shorten term limits. But it amplifies this problem, and it gives lawmakers an incentive to line up their next job in the private sector while in office.

[jszymborski]

I think UK-style recall elections for ridings makes a lot more sense than short term limits.