No, it's because for the last 25 years automakers have catered to people's very marketable desire to go faster over their only recently discovered desire to go "green". Fuel was more expensive in Europe, and money less plentiful in the rest of the world, so they focused more on efficiency. Over here in the states we had plenty of money, and plenty of cheap gas, so we designed our cars for that environment. All engines have gotten more efficient over the years, but where a Euro might use that extra efficiency to save gas, we used it to go faster. What's worse is that American drivers now think that if their basic commuter car can't outrun a sports car from 25 years ago, they're getting cheated somehow.
1984 Porsche 944 - 150hp, 2900lbs
2011 Honda Accord EX - 190hp, 3300lbs
There's zero reason for a commuter car to have a 0-60 time 8 seconds, or a top speed of 120mph+, yet that's become a totally normal performance envelope. You have to push boundaries that would have been muscle car territory not that long ago to officially be considered "sporty".