Maybe innovation is the answer to the current economic problem (instead of throwing money at the problems). Better products, better prices and better customer service are all aspects that might get consumers to part with the dollars that they are currently hoarding away.

It seems that India got the memo and the automaker Tata has introduced a $2500 car. Not only is the car priced so that anyone can afford it but it also is projected to get around 50 miles per gallon. That makes it inexpensive and efficient.

According to the information released by the company, the car that has been dubbed the Nano comes with four doors and five seats. It is smaller than the cars currently on the Indian roads by about 20%.

It might be surprising to find out that the environmentalists are not happy with the concept of the car. Even with the high miles per gallon estimate, the environmentalists are concerned that the number of cars that could end up on the road could negate any positive effects that the MPG might have on emissions.

The company is not expecting to make much profit on each $2500 car that it sells. The idea is that it will sell enough of the cars to make the production profitable.