I call them Keystone Keynesians.
“Keystone” as in Keystone Cops.
Keynes postulated reducing spending in good time and pump priming in bad.
His utter failure was to not recognize that all anyone would learn from him was a ready made excuse to spend more is enough to repudiate his ideas.
They spend more in bad times and see good times as an opportunity to spend more. Lather, rinse, repeat. They were, I would suggest, already transitioning when Nixon infamously said we are all Keynesians now.
And like many a madness it is progressive, for by now they are just spending to get their jollies, economic masturbation if you will. Mere pump priming is so yesterday. They piss off billions, trillions even, just so they can pat themselves on the back over how their morality is demonstrated by their largess. Spending as virtue signaling among those with no virtue, who are increasingly depraved.
Now they even have a theory to give it an air of academic respectability - Modern Monetary Theiry!