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Just a point of clarity, as it would be misleading to attribute modern copyright laws (or anything resembling them) to the Founding Fathers.
Relative to the term of copyright protection currently afforded, this is true. The concept of copyright protection, however, is a different animal. My own view is that the current terms are simply too long. I always thought the 28+28 renewal situation had about the right balance. But I can almost guarantee that when the Bono extension limit threatens to kick in nine years from now, we'll see a massive effort from all corners of the publishing industry to put another 20 year (or longer) extension in place.
caw