At some point someone in the industry is going to hit an "eureka" moment and it is virtually guaranteed that the anti-science mentality that is so pervasive in the US today will make that moment happen in another country and we will buying the result from them.
you realize that you're saying the hundreds of billions of dollars being spent are basically wasted on them right now, right?
if we were so anti-science, why are our PRIVATE industries investing so much in developing the science behind useful things like fracking and other petro exploration/extraction?
yes, it is true, they are not making any money as we speak, but this is the nature of technology....you have to break some eggs to make egg salad. It is only a matter of time until someone makes a breakthrough and the rest of world is going to beat a path to their door....and like most things it will probably be the US but we will wait until the last minute and have to spend more catching up than was spent getting to that point. If you have any doubt that at some point in time someone is going to develop solar energy that is cost effective and practical take a look at battery technology in the last 30 years. Solar is on a faster pace than batteries were in the early 80's yet we are convinced, as a nation, that oil is the only option available. It is truly astonishing and goes so much against the grain that it is truly astonishing.
And here is the coupe-de-grace.....the US Taxpayer is subsidizing the German (and the rest of the worlds) technological R&D by providing the bulk of that nations (and all others) national security through our own massive defense budget. The money that Germany is spending on developing new technology is coming directly out of public funds that are not going toward their defense because they can rely on US military might to protect their interests.
this has nothing to do with solar power, and Pax Americana allows our private companies to trade internationally as well
Yes, US Manufactures can sale their products worldwide also, but according to the right labor laws, regulation and taxes makes it impossible to do so. Meanwhile most of the industrialized world enjoys better labor laws, has more regulation, and individual taxes are much higher, yet they are able to manufacture products and sale them all over the world. If they were paying the freight for their products security around the world this would not be possible and US Manufacturers would be the only viable option. Of course the defense industry would probably have to see CEO's earning more like 20 times their workers salaries and they would probably have to only own 3 or 4 summer homes but life is tough all over. The fact that German and French and Japanese and Chinese manufacturers ship consumer products all over the world because they know (and understand) the US Navy's motto of "A Global Force For Good" means exactly what it says it means. I know that all of you would like to discount this but if you read the press in Europe and Asia you would know that this is the case and it affects every industry in the United States.