No, it's also a power and money hungry agency. The airport security of yore just did their jobs and were a lot more pleasant to deal with. The traveling public was just as safe.
And perhaps more safe. Security theater is a real thing and gives people a false sense of security.
I've heard that the reason we haven't had a major terrorist attack in the US since 9/11 was because of vigilance of the public. If people get lazy and start trusting that the TSA will competently do their job, we're likely to have another. I think it's because the TSA is pretty bad at their jobs that we haven't had anything major attack.