That’s just what total democracy looks like. Completely normal. In Germany, some political parties (left and right) are also banned to make sure they can’t ever be elected.

It’s like Brexit with the exception, that most citizen of the core country of The Great US Empire don’t really profit from the absurd benefits that come with being the defacto ruler of the world. They never got full state healthcare anyway. They never got a real social security net. All the profits were hoovered up by the military industrial complex and the Epstein billionaire club anyway. For the majority of the people, losing the world leader status might actually be a neutral change. They can’t lose what they never had.

I would definitely avoid some mistakes and start saving early. If this also involves time travel, I mine Bitcoins and keep them.