Of course He has come in the flesh, and He also comes with resurrection power for them that receive Him.
We don't see that, yet.
The Father's throne in heaven is given Him to sit in, and also will be given to them that overcome the whole world, as He did.
David's throne is on earth, not the Father's throne of God and the Lamb.
Where in the NT does it say that David's throne is on earth? Nowhere! You have a habit of always repeating what you have been taught rather than quoting what Scripture says. The ancient prediction speak about Messianic authority over true Israel. You make the same hyper-literal mistakes that the Pharisees did. You have a wrong concept of the kingship of Christ and a wrong concept of the kingdom of God. You do not comprehend the current heavenly rule over His enemies. Your theology prevents you doing that.
Listen to
Peter preaching on Psalm 110:1, when speaking about David and his throne, says,
“For David speaketh concerning him, I foresaw the Lord always before my face, for he is on my right hand, that I should not be moved: Therefore did my heart rejoice, and my tongue was glad; moreover also my flesh shall rest in hope: Because thou wilt not leave my soul in hell, neither wilt thou suffer thine Holy One to see corruption. Thou hast made known to me the ways of life; thou shalt make me full of joy with thy countenance [referring to Psalms 16:8-10]. Men and brethren, let me freely speak unto you of the patriarch David, that he is both dead and buried, and his sepulchre is with us unto this day. Therefore being a prophet, and knowing that God had sworn with an oath to him, that of the fruit of his loins, according to the flesh, he would raise up Christ to sit on his throne [referring to Psalms 132:12]; he seeing this before spake of the resurrection of Christ, that his soul was not left in hell, neither his flesh did see corruption [referring to Psalms 16:10]. This Jesus hath God raised up, whereof we all are witnesses. Therefore being by the right hand of God exalted, and having received of the Father the promise of the Holy Ghost, he hath shed forth this, which ye now see and hear. For David is not ascended into the heavens: but he saith himself, the Lord said unto my Lord, sit thou on my right hand, until I make thy foes thy footstool [referring to Psalm 110:1].
Therefore let all the house of Israel know assuredly, that God hath made that same Jesus, whom ye have crucified, both Lord and Christ (Acts 2:25-36).
Peter shows us that Psalm 110:1 is currently being fulfilled since Christ destroyed the power of the grave, and ascended to the right hand of majesty on high. No objective Bible student could fail to see the focus and message of this narrative. This reading is concentrated upon the victory of the resurrection of Christ nearly 2,000 years ago and the resulting current kingly Messianic reign of Christ at “the right hand of God exalted” in heaven. It confirms that Israel’s Messiah now sits enthroned upon David’s throne, and locates the timing of His assumption of the same to after
“the resurrection of Christ.” As Messiah, Christ fulfilled every human demand of Him, thus rightfully assuming the kingship of Israel through His impeccable life, His atoning death and His glorious resurrection.
Christ taking David’s throne does not refer to Him sitting on some long-preserved literal physical in the Middle East (as non-believing Jews and Premils apply this to in the future), but rather Him assuming heavenly authority over the people of God and fulfilling the Messianic prophecies as Israel’s true king. As we see in the New Testament, the people of God or true Israel does not relate exclusively to a physical race but to spiritual grace on God’s elect. Peter is showing that Christ now reigns over His people in fulfilment of the Old Testament predictions.
Peter ties up his whole argument in Acts 2:36 by saying:
“let all the house of Israel know assuredly, that God hath made that same Jesus, whom ye have crucified, both Lord and Christ.”
Jesus said in Revelation 22:16,
“I Jesus have sent mine angel to testify unto you these things in the churches. I am the root and the offspring of David, and the bright and morning star.”
This confession from Christ and this appellation describes both His humanity and His deity in the statement
“root and the offspring of David.” In this reading, the Lord reveals a great mystery but yet also a great truth, how He is both before and after king David. (1) He is after David in the sense that He is of his natural “offspring” according to the flesh. However, equally, He is likewise before Him in that He is the spiritual “root of David” (Revelation 5:5, 22:16).
Christ existed before the incarnation. He was the eternal Son of God, and therefore before David. Jesus testified in John 6:62, “ye shall see the Son of man ascend up
where he was before.” The Lord testified in John 8:58, "Verily, verily, I say unto you,
Before Abraham was, I am." Jesus declared, in His great intercessory petition to His Father, in John 17:5, “And now, O Father, glorify thou me with thine own self with
the glory which I had with thee before the world was." Through these we understand the great mystery of the two aspects of Christ’s nature – His humanity and His deity.
We see Christ exposing the hypocrisy of the Pharisees, in Matthew 22:42-46, when He asked,
“What think ye of Christ? whose son is he? They say unto him, The Son of David. He saith unto them, How then doth David in spirit call him Lord, saying, The LORD said unto my Lord, Sit thou on my right hand, till I make thine enemies thy footstool? If David then call him Lord, how is he his son? And no man was able to answer him a word, neither durst any man from that day forth ask him any more questions.”
Here He employs the Old Testament passage in Psalm 110:1 to impress His point. In His last question, Christ was here specifically referring to the great mystery of His eternal Sonship (or His pre-existence in all eternity) – a truth that evidently perplexed the religious Pharisees. The religious Pharisees had absolutely no grasp of that great truth. They had no comprehension that He was both before and after David. The answer to the enquiry was that He was before David (being the root of David) in His divine office as the eternal Son of God; therefore, David called Him Lord. Nevertheless, He was also his offspring in a natural sense, through the incarnation at Bethlehem, and was therefore a son of David by way of lineage.
He was also revealing the duality of His nature. As the Son of David, He was showing them His humanity, as the Son of God He was revealing His Deity. This discourse also revealed Christ’s eternal Sonship. Notwithstanding, such teaching confused the religious Pharisees. As man, He has assumed the throne of David, as God He has assumed the Father's throne. This is speaking about authority. He has totally fulfilled every demand as man and God and He therefore reigns on high upon the throne of David and His Father's throne.
It is clear from Matthew 22:42-46 that Christ applies this text to Himself thus rightly claiming the dualistic divine offices of king and of priest for Himself. It was still prior to His atoning death and glorious ascent to the throne, but He explicitly draws their eyes towards His person. In doing so, He was also revealing the duality of His nature. As the Son of David, He was showing them His humanity, as the Son of God He was revealing His Deity. This discourse also revealed Christ’s eternal Sonship. Notwithstanding, such teaching confused the religious Pharisees.
A passage often overlooked on this subject is Romans 1:3-4, which declares,
“Concerning his Son Jesus Christ our Lord, which was made of the seed of David according to the flesh; And declared (or exhibited) to be the Son of God with power, according to the spirit of holiness, by the resurrection from the dead.”
Here we see the duality to the nature of Christ. He was the son of David, but also the Son of God. These two titles are knitted together in the one person.
Once again, they see their apex in the resurrection of the Saviour. It does matter how partial one is in their Dispensationalism these passages are irrefutable. There can be no debate from these that Christ has already assumed David’s throne.