Strongly no. Overseas workers will work for tremendously less and it's hard enough to get people to understand your value proposition in person. People want cheap. Either start an agency and get real clients, often local, or just get a full time job.
Even with the big projects I've gotten, it winds up being about $20/hour. Versus about $60/hour at a regular job
Most of my work comes from companies who have gotten burned by overseas developers and want someone closer to home who they can meet personally and will be in the same or at least mostly overlapping timezone. So yes, in the US you can't compete on price but you can compete on service.
Even with the big projects I've gotten, it winds up being about $20/hour. Versus about $60/hour at a regular job