Lack of Private Sector Experience in Obama Cabinet

A J.P. Morgan research report examined the PRIOR PRIVATE SECTOR EXPERIENCE of the cabinet officials. The officials that one might expect a president to turn to in seeking advice about helping the economy include secretaries of State, Commerce, Treasury, Agriculture, Interior, Labor, Transportation, Energy, and Housing & Urban Development, and excludes Defense, Health, Education & Welfare, Veterans Affairs, and Homeland Security. The results for private sector experience:
Obama     7 %
GWB     53%
Clinton   37%
GHWB  52%
Reagan  56%
Carter    30%
Ford      43%
Nixon    53%
LBJ       45%
JFK      28%
Ike       58%
Truman 50%
FDR    50%

Public sector employment has ranged since the 1950s at between 15 percent and 19 percent of the population while the makeup of the Obama cabinet has 93 percent of its prior experience in the public sector or only a meager seven percent in the private sector. In ninety-three percent of their experience, they never had to make a profit, meet a payroll, raise capital, invest in a business, manufacture, market, sell, create a value chain, innovate, design, control quality, eliminate waste, negotiate with unions, maintain and repair facilities and equipment, meet shipping schedules, provide customer service, establish budgets or be held accountable for financial results.

Obama’s key cabinet members have spent their careers living off government funding (taxes paid by others) and charitable contributions from foundations and corporations to not-for-profit organizations. Obama's own experience in the private sector is nil; even while working for a law firm he was also teaching law, writing about himself and concentrating his law practice as a civil rights attorney for nonprofit community organizations.
IS IT ANY SURPRISE THAT THIS CREW CANNOT CREATE PRIVATE SECTOR JOBS?