Discouraging, to put it mildly.

Evan Bayh Forming Conservative "Blue Dog" Caucus In Senate

"Nearly a decade of Republican fiscal irresponsibility has contributed to our current economic crisis," Reid spokesman Jim Manley said in an e-mail statement. "That is why Sen. Reid welcomes Sen. Bayh's decision to form this group. For we know that Sen. Bayh, like all Democrats, is committed to restoring our nation's fiscal and economic health."