I beg to differ.  I think far too many people vote.  The majority of those who vote for president can't name the Vice President, their governor, Senators, or Congressional representative.  Our leaders are selected by uninformed voters who don't have a clue about how our economy works.

The reason the founders originally limited the vote to free white males who owned property was that (a) most women and workers weren't literate, and (b) men of property (farmers and businessmen) were more likely to have the leisure to read and understand history.  They had no intention of letting just anyone vote because the society needed to be governed by the best and brightest among us.