If anything, all govt spending is anti-stimulus.
You hear politicians claim that there is a “multiplier” effect by government spending of something like 1 : 1.38.
Once again, all government spending has a NEGATVE effect on the economy.
Here it is simply put: The government never accounts for the money that they confiscate to spend.
If they take a dollar from a citizen and spend it, they never put the negative dollar on the balance sheet.
The truth is they have reduced the private sector by $1 and increased the govt by $1.
The last time I checked (-1) + 1 = 0. No stimulus.
Here is why government spending is anti-stimulus: Only the private sector can create new money.
It is called profits. Profits are new money and new wealth.
Private money is more efficient because of the profit motive.
The government is not a for profit entity. Therefore, it is wasteful. Without a profit motive there is no incentive to be efficient. I would argue that the lack of profit motive makes it even more inefficient because there is no spending discipline. There is no penalty for being bad at spending, they simply spend more.
The government thinks that wealth is zero sum. It is not.
The government can only take and consume. It does not create.
PS- Govt spending by borrowing in a recession may be the lone exception.