I interact with a lot of state legislators who are in states where there’s term limits. And here’s what they say to me: “OK, it sounds good, but boy, I tell ya, you do term limits, then the only people who don’t have the terms are the lobbyists.”

And so the permanent institutional expertise class is now no longer the legislators, it’s the lobbyists who don’t have term limits and are there forever.

It sounds good, but I think if you do term limits, you would really increase the power of lobbying. If you want to decrease the power, you can do revolving door stuff or you can do campaign finance reform, which is what we really want to do. And that would be more likely to check lobbyists’ power than term limits.