I wouldn't say the Apollo program was useless. Even if you discard the actual importance of the missions themselves, in terms of public support and human achievement, they did a lot to help the US refine their space program. I'm sure that the technology and experience that resulted from the Apollo missions has played a large role in subsequent space explorations.
On the other hand, I can't completely agree with you saying that the Russians have "won," and the U.S. has "lost." It doesn't seem to be as much of a competition anymore; the American public doesn't seem to mind that there is a Russian space station but no U.S. station. In fact, from what I've heard on the news lately, there are some people who think the U.S. shouldn't participate in joint operations on Mir, since there have been so many problems lately. Basically, I don't think there's that same sort of public emotion over the situation as there was in the 1960s.
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