Is America becoming more like the Soviet Union?

I recently read this book that said that the U.S. is becoming more of "a bully" like the Soviet Union during the Cold War.

Think about it: Our military power is unmatched by anyone else but our economy is in the red zone, We constantly push our way of life on other (smaller and weaker) countries, and if no one agrees with us, we force our way in.

I don't claim to be a World History aficionado, but think of how each of those other factions fell, especially the Soviet Union.  At the time; our economy was fantastic or, at least, better than it is now.  That is because, while we did have a powerful military force, we also paid attention to our economy. The SU was so hellbent on 'taking care' of us that they didn't stop to take care of themselves. When their economy went past the point of no return, they had no choice but to dissolve their government and split into separate states.

Now take a look at Japan.  During WW2, their economy was fantastic despite them having a small military force.  Then they tried to take us on and...well, we all know how that ended.  They gave up the fight against the US, focusing on their economy.

It's the same thing with China.  They have one of the most stable economies on the planet Earth, but no one hears about any wars or conflicts coming from their end.

What do you think? Is our overpowered military the reason for our failing economy?

*The book that I read was "I want you the shut the f**k up" by D.L. Hughley