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This is a pretty stupid point. Increasingly consequential national elections are exactly what you would expect in a country that, like ours, has become increasingly polarized since the Reagan revolution of the 1980s. The right keeps getting crazier and crazier, so of course the stakes keep going up.
Edit; it’s also, simultaneously, to be expected that in a politically polarized country, in which each side has roughly equal electoral power, that no radical change will occur.
The short version is that it was about the transfer of power from hereditary nobility to a different elite consisting of wealthy merchants and “gentlemen” farmers. This transfer was already happening anyway throughout the British Empire, the Americans just wanted to speed it up and codify it.