Not everyone can or should homeschool. My wife and I were both homeschooled our entire lives, and we are absolutely not going to homeschool our child.
I think many homeschool parents vastly overestimate their ability to educate a child. I know mine did. It's hard work and you have to cover all the bases, including socialization, or you'll be responsible for some pretty important shortcomings in your kid's development.
Yes, it was awesome being able to rush through my "boring" school work by lunch time so I could program computer games and read books all day.
No, it wasn't awesome feeling totally incompetent while trying to talk to girls or make friends in college. Turns out, all those "dumb secular public schoolers" were pretty good at some things, like having fun together and bonding.
I would not call homeschooling a "hack". It's an alternative system of education that takes a lot of hard work, a single-income-bearing parent, and enough awareness to fill the gaps that your child is losing by being at home all day, every day.