While the US has brought the world many great technological innovations, "Europe" on the whole doesn't suck at it. And Europe is not France, it's a continent with many different countries.

If we are talking about the internet, these things were made by Europeans: The World Wide Web, Skype, C++, PHP, MySQL, Rails. Just to name a few things.

The car industry is also pretty high tech and the European car companies are doing well while the government run car companies of the US suck. A few of the many car related innovations from Europe: the car itself, ABS, Electronic Stability Control.