Here's why the left could take a hit. It comes from Josh Marshall -- and he deserves applause for this:
... Everything we’re seeing here says that Republicans think they’re going to get stuck with the blame.
But it’s not just them. Over the last few days, as it’s become increasingly clear that the sequester cuts probably really will happen, the big name pundits are coming forward and complaining that President Obama needs to step forward and ‘exercise leadership’ and solve the problem.
It’s all similar to what we saw in the fiscal cliff negotiations. Official Washington is accustomed to having a Democratic safety net — not cash transfers for those who fall through the cracks of the market economy — but that Democrats will come in and solve crises created by GOP government by crisis.
When the Democrats or the Democrats’ party leader — in this case, the President — won’t do that, everyone freaks out....Talking Points Memo
Just how far this "Democrats will come in and solve crises" extends beyond "official Washington," I couldn't say. But Republicans certainly have a reputation for being crisis creators and not all of them (by far!) (not even in Texas!) would deny that Democratic majorities tend to mean more/better business and higher market prices.