Jefferson believed that the Constitution should be rewritten every twenty years or so... for the life of me my google fu sucks and I can't find the quote for it, though I know I've posted it other places.
His theory was in relation to life expectancy; that a majority of those living when a law is written will be dead after 19 years and 2/3's or more after 40 years.
He shared a theory of complete fixed expiration writing from Paris in 1789 to Madison (1) and apparently held a tempered version of it for an extended time sharing his thoughts on a requirement (by amendment) of periodic revision in a letter to Samuel Kercheval in 1816 (2).
Of course all Jefferson could do was suggest the concept because he was not in the US when the Constitution was being debated and ratified.
Jefferson expressed (later) that he did not believe the fundamental principles were up for periodic rewriting only the execution of powers . . . Execution could evolve through enlightenment and progress, but guided by the unchangeable fundamental principles of the inherent and inalienable rights of man, again, note the date:
"A generation may bind itself as long as its majority continues in life; when that has disappeared, another majority is in place, holds all the rights and powers their predecessors once held and may change their laws and institutions to suit themselves. Nothing then is unchangeable but the inherent and unalienable rights of man." --Thomas Jefferson to John Cartwright, 1824. ME 16:48
Perverting those principles or ignoring them was not in his plan; nor was eliminating all "historical significance" upon which legitimacy is based. Jefferson quoted Sidney in his Commonplace Book, "
All human constitutions are subject to corruption and must perish unless they are timely renewed and reduced to their first principles." That is the present circumstance; as
American said in this thread, it isn't the Constitution that's broke, it's the politicians. The fundamental "self evident" principles aren't only forgotten and ignored now, mentioning them will get you labeled a right-wing extremist.
Jefferson would not have endorsed a rewriting of the Constitution following the parameters set out in the OP.
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Citations:
(1) "Every constitution, then, and every law, naturally expires at the end of nineteen years. If it be enforced longer, it is an act of force, and not of right. It may be said, that the succeeding generation exercising, in fact, the power of repeal, this leaves them as free as if the constitution or law had been expressly limited to nineteen years only. In the first place, this objection admits the right, in proposing an equivalent. But the power of repeal is not an equivalent. It might be, indeed, if every form of government were so perfectly contrived, that the will of the majority could always be obtained, fairly and without impediment. But this is true of no form. The people cannot assemble themselves; their representation is unequal and vicious. Various checks are opposed to every legislative proposition. Factions get possession of the public councils, bribery corrupts them, personal interests lead them astray from the general interests of their constituents; and other impediments arise, so as to prove to every practical man, that a law of limited duration is much more manageable than one which needs a repeal." --Thomas Jefferson to James Madison, 1789. ME 7:459, Papers 15:396
(2) "Let us provide in our constitution for its revision at stated periods. What these periods should be nature herself indicates. By the European tables of mortality, of the adults living at any one moment of time, a majority will be dead in about nineteen years. At the end of that period, then, a new majority is come into place; or, in other words, a new generation. Each generation is as independent as the one preceding, as that was of all which had gone before. It has then, like them, a right to choose for itself the form of government it believes most promotive of its own happiness; consequently, to accommodate to the circumstances in which it finds itself that received from its predecessors; and it is for the peace and good of mankind that a solemn opportunity of doing this every nineteen or twenty years should be provided by the constitution, so that it may be handed on with periodical repairs from generation to generation to the end of time, if anything human can so long endure." --Thomas Jefferson to Samuel Kercheval, 1816. ME 15:42
