Term limits are beneficial for a nation because it provides the way for other talented people to come into the government and serve the nation with a new passion and commitment. Bringing fresh blood into the government improves connection of government with the people (Ritchie, 2011). If we consider the impact of term limits on the economy of a country, we can say that when same officials come into the government repeatedly, there is less progress or change in economic position because they hardly have any new idea or strategy to improve the economy. On the other hand, term limits provides opportunity to new people who have new ideas and strategies to improve the economy.