No
Whether taking money out of the economy or keeping it there does a better job of encouraging growth depends on what party you agree with.
No, it depends on whether you look at economics through the distorting filter of ideology, or whether you look at the reality of it.
The common statistics that supposedly measure "the health of the economy" are heavily biased toward measuring "the health of business". The schizophrenic split between unemployment numbers and those other indicators dramatically illustrate the disparity. Americans in general are becoming impoverished by the philosophy of Profits Uber Alles which encourages sending American jobs overseas and generating illusory "productivity" by simply squeezing more hours out of workers who fear for the jobs. Increasing productivity is not a measure of economic health, and profit figures or stock prices are, as we see today, tangential.
A truly healthy economy is characterized by full employment and a relatively linear (but not flat*) distribution of income and wealth. Our present economy has neither characteristic.
(*--Communism's ideal is a flat distribution of wealth curve. The promise of capitalism is a rising but linear curve: "reward proportional to effort" or "reward proportional to smarts". What we have in America today is nearly a hyperbolic curve similar to that enjoyed in various banana republics and other oligarchies. Welcome to the plantation.)