If you believe that the best possible allocation of funds is through government spending as opposed to capitalism, yes. That's an exercise in begging the question, though, and historical support for the premise is uneven at best.
Arguably the optimal operating point for an economic system, from a GDP point of view, is to maintain just enough public spending to keep a Robespierre from arising from the unwashed masses. Public spending beyond that is an unproductive waste.
Most of us would agree that sacrificing everything else on the altar of GDP is not what we want to do, though, so the (perfectly legitimate) question of where the compromises need to be made is always going to be on the table.
in the sense that Nancy Pelosi and others are enriching themselves through insider trading, I guess