Does it even matter? The real power in the US is in the multinational corporations. They don't hire collectively, you get thrown out as president. I doubt the founding fathers had this lack of power in the people in mind, but there is probably nothing unconstitutional about it (did the corporation even exist in 1776 ?). I believe that in the next term, or maybe the one after that, the US will elect a radically different president, way more radical (or so we thought) than Obama. Obama wants to do the right thing to get people working, and has compromised his ideals because the real power lies in the corporations. I am not saying that is wrong, just that is not what he was elected to do.