If that were to happen, conservatism will have been effectively redefined by the Supreme Court as monarchism, and we would no longer have a President but a King, for only a King can truly be seen as above the law. And therefore our republic is gone forever as a meaningful entity as with our centuries-old experiment in self-rule, much like early imperial Rome which still had the now-empty trappings of the old republic but which had effectively become a monarchy under Augustus who considered himself officially as
Princeps Civitatus (or First Citizen) but was to all intents and purposes a King.