Not really Bold, yes GDP per capita is lower in many countries than the US, but top tier in almost every other index: low crime rates, clean cities, high quality of living, childfriendliness, longevity, access to healthcare, liveable cities, culture, etc.
So, let’s not paint them as <term meaning lacking the combination of knowledge and skill to do a job effectively> when they are in fact <term meaning particularly lacking wisdom, experience, and/or judgement>