Yes, a countries progress correlates with it's internet connection
No, America is just too big
I live in a city with fast, stable and cheap Internet connection (compared to the US) and I pity you for not having it :P
Internet speeds in the U.S. pale in comparison to some of the other developed areas of the world.
if your a gamer, you want good internet, well then dont live in america.
If the internet has anything to do with a nations progress, it will be internet access, not speed, that is the determining factor. In which case the US is 3rd in total internet users with 84% of its population having internet.
I don't really see a country falling behind for not having broadband.....