A spinning tire has almost no grip in any direction, including sideways.
Even if it feels good, aggressively stomping the throttle pedal is never a good idea. On a loose or slick surface, or in a car with a lot of horsepower, the tires may go from grip to slip very quickly. In a RWD car, you get the typical power-on oversteer exemplified in the clip above. It’s hard not to spin in such a situation, and attempts at recovery may make matters worse. When anger-oversteer results in instant retribution, we call that a Karma-Supra.