What initially struck me about the supposed quote was the use of the word “democracy”. This country wasn’t typically refered to as a democracy until the early 1900’s, IIRC. (Could be way off, though). Also, wasn’t Jefferson fairly anti-democracy, pro-republic, along with many of the founders?
Okay, sorry for the vague reply. I’ll try to find more, but I suspect we’re barking up the wrong politician.