my nitpicks: 1. why should the US gov't do this if the material development is a benefit to industry 2. you obviously don't know enough materials scientists. Solyndra on.
And my nitpicks, with all due respect because I know that you're an expert in your field: first, because a large part of any government's role is to act in a manner that benefits the greatest number of citizens. Some Utopian 100% hands-off government has never existed in recorded history, and would in fact be no government at all. It wouldn't be pretty, and it wouldn't be a world I'd want my children to live in.
And second, radically jerking every discussion into a black or white, Republican or Democrat , false-choice logical fallacy only stifles deep thought and real solutions.