Term limits is two-edged sword. On one-hand it flushes the system of entrenched leaders and militates against cronyism, nepotism, and the coziness that comes with familiarity. It's human nature so we need to keep the competitive pressure up to get better performance from pols.
On the other hand, the lobbyists stay on point and so end up more experienced than the legislators, so the new legislators go to them for advice, and are easily manipulated. Plus new legislators, worried about building momentum in their districts, are more eager to take money and easier to buy off. A well-entrenched pol can refuse some shady donors or those who are too off-center in views and survive with the electorate. A new-comer is less likely to take the risk. It would be interesting to plot time in office with the zeal to pander to the fear of a leftist electorate with gun control laws.
In the end, as I look at the CA Legislature today, I see it hasn't had any long-lasting impact: we just traded sources of corruption.

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