I've been in a place where lots of things were flaky and sub-optimal, and leadership could not prioritize, because only P0 CRITICAL was ever actually addressed, lots of dumb stuff had to be marked P0 CRITICAL to have any chance of consideration, and lots of little easy bugs reported from reasonable developers were never fixed.

So, this doesn't always work, it can just be a way to kick the can around, and end up in the same place but with lots of extra junk flying by.