@Leadfoot,
Y'all put way way way too much credence in the founding terrorists. Most of their crap was flowery propaganda, meant to hide their major crimes.
Franklin, the idiot, made an off handed comment about the distinction between a monarchy and a democracy/republic. Of course there was no monarch, the American terrorist revolution saw to that.
M-W meaning 1b certainly doesn't describe the USA, but overall the US is considered a democracy.
M-W:
Definition of democracy
plural democracies
1 a : government by the people; especially : rule of the majority
b : a government in which the supreme power is vested in the people and exercised by them directly or indirectly through a system of representation usually involving periodically held free elections
2 : a political unit that has a democratic government