Kids who grow up in supportive and highly literate households are going to learn to read sooner or later, without needing any excessive focus on drills. There’s nothing inherently wrong with spending some amount of time on phonics, but as a minor addition to lots of conversation and reading aloud, not as the main focus.
If primary schools (some of the most extremely progressive ones partly excepted) replaced most of the time currently spent on regimented reading, spelling, and grammar instruction with the teacher just reading a variety of long, difficult (just within reach of the audience) books aloud, it would do wonders for student language skills.