Term limits on legislatures will just increase churn and decrease institutional knowledge
True. The institutional knowledge on how to abuse the system.
Net worth senator Chuck Grassley: $3.8 Million.
Salary senator Chuck Grassley: $193,400 Per Year.
Net worth senator Mitch McConnell: $35 million.
Salary senator Mitch McConnell $193,400 Per Year.
Net worth senator Dianne Feinstein $90 million.
Salary senator Dianne Feinstein $193,400 Per Year.
Net worth senator Chuck Schumer $1.5 million.
Salary senator Chuck Schumer $193,400 Per Year.
Beginning to see the trend here?
Mitch McConnell would have needed to save 100% of his yearly senate salary over his 36 years, and even then Mitch would only have around 6 million in the bank.