I don’t think they even view as a restraint at all. Did you hear Geithner getting asked 4 or 5 times about where he gets the Constitutional authority to do what he’s doing? He obviously believes anything Congress does is Constitutional.
Obama doesn’t care about the Constitution, but then again I would make the case that very few of the presidents in the last 100 (or more) years have cared about the Constitution.
Sadly I think you’re right. When I carry a sign I think it’s going to say: “Reinstate the Constitution”.