If you have read any of the recent books on Obama.... It is plain to see he actually does think the private sector is doing fine.....existing is his definition of doing fine.....
His goal is turn American into a fascist state where big business in conjunction with big unions controlled by government....run the country....
So in his mind....the private sector is doing great because it exists...
When the Usurper thinks about "the private sector" he is thinking about his bankster friends. He has shown that he is oblivious to mainstreet businesses, and only sees corporations as money wells.