Nobody is disputing the fact that the US spends more money on arms than anyone else and has the shiniest of toys as a result, but "winning" in war is about effecting the outcomes that you want, not about whether your weapon systems are superior.
The US military has clearly failed to deliver the outcome that Americans wanted in many recent conflicts (Vietnam, Taliban); counting those wars as "lost" makes a lot of sense.
You are making the folly of thinking of war like lawsuits, where one side wins and the other side loses, and the losing side goes home with nothing. This is not so.
If you're walking home from work and some person tries to mug you, even if they are unsuccessful, that will permanently change your behavior as if they had successfully robbed you anyway. Maybe you'll change your route. Maybe you won't walk and drive instead.
Is it strategic deterrence, or just being so unreliably and inconsistent that insider information becomes more valuable?
Is it strategic to demonstrate a lack of planning or that you are a poor ally incapable of garnering support (either domestically or abroad)?