Ann O'Leary says there is well-established legal authority for much stronger presidential action to promote good jobs:
The authority for presidential executive orders was addressed by the courts only in 1952 when the Supreme Court struck down President Harry Truman's executive order in which he seized the country's steel mills to avoid a threatened strike in the midst of the Korean War. In Youngstown Sheet & Tube Co. v. Sawyer, the Court held that Truman had no authority to seize the mills and instructed that the president's authority to issue an order "must stem from an act of Congress or from the Constitution itself."