That is the question our government would be asking you if they were your waiter.  While I was doing this morning's mortgage market update, that thought came to mind as a great way to sarcastically explain the government's actions thus far.

With job losses mounting, the government claims they need to force through another stimulus package which creates more jobs, government jobs that is.  And they did exactly that, well not exactly as the amount of jobs they actually will create versus what they claim will not equal each other, and it will be inversely proportional to how much the cost is.  In simpler terms, they won't create the promised amount of jobs and it will ultimately cost more than what they said.  Also, history shows that growing the government is exactly opposite of what the government should be doing, at least in a capitalistic society.  maybe the dessert selection will be socialism?

I don't think there are many out there that didn't have money in the markets in one form or another, 401(k)s, IRAs, etc.  With real estate prices already tanked, stocks and even bonds crashing (or about to), virtually everyone approaching retirement right now is facing a new reality.  That reality is that they will be forced to work a lot longer than they expected.  Those of us whom have more time on our hands, well, chances are you are freaking out about your losses right now, but you will recover in the long run, again based on history.

Don't think history repeats itself?  Look again. 

Please read the remainder of the post over at Florida Mortgage Report...