Are people still calling Lisp slow in 2010? That was somewhat true when most programming was done in C. Plenty of languages slower than Lisp have risen to popularity since then.
I'm wary of analogies, because they can be tortured into "proving" anything you like. But what's faster, a car or a bike? In a big city during rush hour, a bike could very well be faster than driving. Clearly on the freeway, the car wins out.