With President Trump in his second term this question has garnered new relevance!
As a classical liberal I am all for limited and small government with term limits for all elected representatives!
Unfortunately, since World War II Western democracies have shown a strong tendencies to overregulate, to pass too many laws (and rarely if ever remove obsolete laws), and to concentrated too much power with the central government.
Unfortunately, term limits for elected representatives in Western democracies is a taboo. Only the US President is term limited (there might be some other exceptions).
Devolution of power in Western countries from central to lower levels of government is also long overdue reform!
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