Well you would say that if you run a broadband ISP in the US, wouldn't you?
So, have loads of cable underground, but suffer slow speeds and criminally expensive prices? Sounds like a great tradeoff!
Then Ars Technica reports that actually HK is number one in broadband.

Uh, Thanks?

So...US has superior penetration but inferior performance? My, my...

I know we get the job done, just not very pleasurably and for very long.

Bold claims like that should really be accompanied by figures than can be compared with other countries, but then I suppose that might make it too easy to disprove his claim.
For instance, here in Denmark, 86% of families have one or more computers in their home, 83% have internet access, and 76% have broadband. (Source, in Danish)
Fiber is on the rise, as are digital content services like IPTV. I don't have figures for that, but I happen to work in that industry.

They can only manage one upload a day.

Lol was that a burn on Americans? Funny though because I ain't got that problem....
Wait are we talking like Demonoid uploads or something else???? :P