Democratic Desperation

The Obama ship is sinking. And like rats and other creatures fearing for their lives, panicky Democrats are grasping and clawing at anything to keep from drowning.

The latest panic attack comes from Democratic Senator Claire McCaskill. She artfully used Alan Greenspan's comments against McCain (whom he supports for president) and demanded McCain explain how he will pay for his tax cuts. Here's her statement:

Alan Greenspan, even though he's a Republican and even though he's a friend of John McCain's, spoke some truth yesterday. John McCain is being irresponsible.

Of course, Alan Greenspan didn't say McCain was irresponsible. Here's what he said according to Bloomberg.com:

Former Federal Reserve Chairman Alan Greenspan said the U.S. can't afford $3.3 trillion of tax cuts proposed by Republican presidential nominee John McCain without similar reductions in the federal budget.

Greenspan, a lifelong Republican and longtime friend of McCain, said on Bloomberg Television's Political Capital With Al Hunt' that "I'm not in favor of financing tax cuts with borrowed money.''

McCain has said he would balance the cost of most of his tax cuts with budget reductions, while providing few details beyond eliminating earmarks and other pork-barrel spending, which have totaled about $171 billion since 2001. Democratic nominee Barack Obama is proposing fewer tax cuts and more ambitious spending programs.

Don't hold your breath waiting for McCaskill and other concerned Democrats to demand that Obama explain how he's going to pay for his tax cuts and ambitious spending programs...