Obama: Spending cuts would be bad for business

CNN writes, (CNN) - President Barack Obama is taking his campaign against the forced federal spending cuts - set to take effect on Friday - before business leaders, telling them Wednesday evening that the cuts will be bad for their businesses and cause the economy to "tumble downward." "Whether that can be done in the next two days," Obama said, pausing mid-sentence, then continuing, "I haven't seen things done in two days here in Washington in quite some time."Follow @politicalticker His skepticism comes as the final days before Friday's deadline pass with no sign of frenzied negotiations to broker a…

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