It's pretty much expected in the US that kids don't really learn much of anything in school until they get to 8th grade. I certainly think we could introduce more advanced math concepts at earlier grades instead of taking five years to cover basic arithmetic.
That's not to say that I would like us to adopt a system like that of China or South Korea, in which students are drilled from morning to night on mostly rote tasks and then pitted against each other in a gladiatorial competition called the National College Entrance Examination. If there was a better way of squashing children's natural curiosity and love of learning, I can't really envision it.