True, but he behaves like one.

A monarch, however, does not compromise. As Alexander Hamilton explains in Federalist 69, a monarch decrees, dictates, and rules through fiat power, which is what President Obama is attempting.

via Obama Is Not a Monarch – Sen. Ted Cruz.

Matters not what is best for the country, the emperor without any clothes will venomously decree what is best for the country via his Alinskyeske vision.  Viva la revolucion!