Not at all. I've shown you the context of Romans 4 and the emphasis of that chapter is not on blessedness but on faith.
The emphasis on faith is due to the fact that it is by faith "this blessedness" is RECEIVED. "This blessedness" is based upon the reception of the TWO basic constituent elements of justification defined in Romans 4:5-8.
1. Imputed righteousenss - satisfication of the Laws righteous standard
2. Non-imputation of sin - satisfaction of the Law's penal demands
It is the "ungodly" who RECEIVES these constitutent elements through faith and that results in the "blessedness" of that man.
"By Faith" is explicitly defined in Romans 4:16-21 to be a complete repudiation of ANY KIND OF ASSISTANCE or PARTICIPATION or CONTRIBUTION on the part of the one being justified but rather simply RECEPTION of God's promise by God's power - v. 21. Human participation/contribution/participation is explicitly defined by the words "dead" and "deadness" in verse 18.
Hence, the role of faith plays only as TRUST in God's promise, thus that promise is simply the OBJECT of faith which OBJECT is RECEIVED by God's power and God's power alone. It is this definition of justification by faith that is directly applied to New Testament believers response to the gospel - Rom. 4:21-25.
The emphasis on faith is because the whole passage emphasizes the complete denial of participation/assistance/contribution of man in obtaining the promised blessedness found in the constituent elements of justification.
You fail to recognize this and restructure the whole chapter on the one word blessedness which is an example quote from David.
You fail to recognize that both these examples from Abraham and David are brought together in this passage for only one purpose and that is to define the constituent elements of justification and how it is obtained only by faith without any kind of participating, contributing works by men as the ONLY kind of person being justified is the "ungodly" which by definition is one who is WITHOUT RIGHTEOUSNESS altogether.
The Context of the Chapter is about Faith not blessedness.First, you have no clue to the kind of faith Paul is referring to. It is the kind of faith that MUST simply trust in God's power ALONE to perform His promise - Rom. 4:21 without any human ASSISTANCE or CONTRIBUTIONS as this is the definitive context of Romans 4:16-21 as both the ability to assist and/or contribute is defined as "dead" and "deadness" (Rom. 4:18).
Second, as previously stated "faith" is meaningless, worthless, empty and vain apart from the constituent elements of justification which is defined by "this blessedness" in verses 6-8.
Blessedness is a result of the faith that Paul is addressing.
"This blessedness" refers first to the CONTENT or CONSTITENT elements of Justification from which "blessedness" is derived. Faith is the means through which it is received. Apart from those constitutent elements of justification faith is worthless, meaningless, vain and empty and cannot provide blessedness.
You are READING INTO this passage Catholic nonsense. This passage repudiates the very foundation of Catholicism.
UTSIDE THE IMMEDIATE CONTEXT of a particular subject (Rom. 3:24-5:2) and arbritarily assign a definiton of "faith" to Romans 3:24-5:2 when the context itself provides the definition that clearly repudiates your arbritrarily selected one!! Simply dishonest scholarship.