This reduces democracy to free-for-all mob rule, which has been very well studied as a bad form of it. The government isn't supposed to wildly swing between extremes, and the guardrails against that are being taken down for the benefit of some rich old men trying to steal enough money for their underlings before they die.
That's EXACTLY the very definition of true democracy, the will of the majority. You can't change it now just because you're on the loosing side this time, when you were ok with it the status quo the previous elections.
Any alterations that overrule the will of the majority, makes it not a democracy anymore, and you don't want that since that opens a can of worms that can always be used to also override your decision next time.
