Bring Back the Tax Credit?

After two ugly reports on home sales (existing and new) I wouldn't be surprised to see lobbyists from the National Association of Home Builders and the Mortgage Bankers Association on Capitol Hill in a few weeks, pitching a revival of the $8,000 home buyer tax credit. But perhaps, they should aim a little lower: $4,000 and make it a credit that applies to everyone. Of course, one man's tax credit results in less revenue flowing into the U.S. Treasury and the last time I checked America had a major deficit problem. No matter how you look at it, Americans aren't buying homes. And we all know why: they fear for their jobs. But is the glass half empty or half full? Yes, workers are fearful of getting a pink slip but 90% are gainfully employed. At least half of those must feel somewhat secure?