no, like, i get what you're saying but you're only partially correct
your take essentially boils down to "the government can do whatever it wants, can distribute wealth however it wants, can make as much debt as it wants to, and can raise as many taxes as it wants to"
while partially correct, it's not entirely correct because the more wealth redistribution the government does, i.e. the more taxes and spending the government does, the bigger the influence of the government on people's lifes will be, and i think that makes people dependent on the government which is not good because it's a single point of failure and sets society up for future disruptions.
i believe: government needs to intervene as much as necessary but as little as possible.
which means more wealth redistribution from rich to poor today because that's necessary, but we should eventually get to a state again where that redistribution is limited in the future.