We - the electorate - don't elect a Prime Minister and never have.
Theresa May is neither lacking in courage or intelligence.
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FWIW, I don't think Theresa May is lacking in courage or intelligence.
However, we've just had a referendum where the government did not propose or explore or explain what Brexit was supposed to mean - they would argue it wasn't their job to (and by doing so, they probably feared making it a fait accompli). Of course, Vote Leave and the rest of the Brexiteers could and should have said what the plan of action was....but it was shrouded in so much waffle etc about what could happen, strong nation, and bulldog spirit and other such stuff.
This is now the fundamental problem. 51.8% voted against something, not for something. The alternative world was never explained, never explored except in vague "it'll all be ok" comments. The 48.2% voted for something - it was established, almost tangible, albeit imperfect.
Instead, we have a soundbite "Brexit means brexit" but no one actually knows what Brexit will actually look like. From talking to those I know who voted Leave, I don't see any real thought as to what the future was ever going to look like - they just knew they didn't want what they thought the EU was like.
It's like voting on having "Chicken and Chips" in a cafe. 48.2% vote for it, though some may do so because they love it, others because it's familiar, and some despite thinking that it could do with a bit of a spice up. 51.2% voted for "something else" - what are the chances that the food brought out will suit everyone's pallet?
In that respect, Theresa May is probably doing the most sensible thing in actually seeing what Brexit should look like, what we are going to negotiate for, and what we will accept or not accept.
BTW, I think it's too easy to characterize Leavers as some homogenous group (i.e. old, white, racist). My mum (white, 80 years of age) voted stay. My sister in law voted Leave (white, 34, not racist in the slightest). I know a good number of Leavers and there's little consensus. Some do cite immigration (and even then, only some are outwardly racist - others talk of the impact on services and jobs), some talk of EU "meddling" and legislation, some are just "well, why not" and others have other reasons like wanting to return to some halcyon, mythical past of endless summers and chocolate box cricket on the green when things were so much better - a fallacy perpetuated by that ridiculous blue passport nonsense. The Sun - who seem to be heading that particular campaign - should be more concerned with what that passport actually allows you to do, rather than the bloody colour.
I'm a Remainer but as with Paul S earlier, I believe we have to now respect the decision and hopefully make the best of things in future. However, you can't have a referendum and then ignore the will of the people (even if it was only 73% of the electorate).