Of course, but term limits increase that incentive. I’ve seen it first hand living in Tallahassee. Maybe fewer people die in office in the FL leg, but it certainly doesn’t serve the people better. I do support term limits on positions of particular power (exec, speaker, chairs) to limit corruption.

Best way to convince constituents you’re worth electing is to serve them well while in office, making reelection the best incentive to serve your constituents.
Can’t eliminate those seeking a corrupt exit, but term limits magnify corrupt behavior by reducing the incentive to serve constituents.

As I learned living in FL, term limits basically leave reps less interested in serving constituents and more interested in their exit plans, so they either go full “politician” gunning for higher office or serve special interests to secure future employment. FL gov is mostly run by lobbyists.

Or: BESSENT UNDERSTANDS CHINA SITUATION UNSUSTAINABLE, BUT FAILS TO IDENTIFY MEANS TO RESOLUTION.

Adults no longer in the room. Multiples already higher. Margins already higher. Rates/inflation higher. Deficits higher. It’s a whole different world.

More honestly though: initial reaction likely to be nasty, but we are in a bull market, there are so many moving pieces, and stocks were up the week we implemented China tariffs in 2018, so 🤷‍♂️

Hug your loved ones.

Probably. Will need to be tested in court though.