Why do folks spend more on electronics than on speakers?

Because they like electronics more than speakers?

It is not false...

But it is not true completely ... Most love speakers too... 😁😊

But they hate the time they must need to give  learning  acoustic to control the system/speakers room...

Time is the last thing people want to give ...They prefer "buy and plug" with nothing to study...For some money is not a problem at all... The more rich you are the more busy you are also....Acoustic is not simple matter to understand...it was easy for me because i am retired...

I dont speak about purchasing costly acoustic panels here... 😁😊 Anybody can do that... But it is not enough for me ....

I've heard great speakers with bad amplifiers that sounded terrible, but I've heard cheaper speakers that sounded terrific with great amplification! 

No clear rule on the allocation of funds for the amp, equipment and speakers. Personally I would allocate the highest budget on both amp and speakers. In my book ;

Amp 40%

Speakers 40%

Everything else 20%

Just because a speaker has a high price tag, does not mean it will sound better. I heard a pair of 50k speakers.  Ran off the top of the line parasound mono blocks a top of the line srteamer, DAC.  I hate to guess the package cost.  I liked my cheapo system by far.  I have El Cheapo DYI speakers and have heard much cheaper systems that were awesome with 5k speakers on much lesser electronics.  Possibly component  matching mattered? Also music taste and ears are so different.

If that is true to the music system " speakers determined allover level what you can achieve",

Then I can talk the car like that "the wheels determined allover lever what the car can go". Is that a funny judge, right?

But the logic for above 2 sentences are exactly the same.

The true story is any parts matters as a system, and if you want  the system to be excellent, the key point is match, the second  point is match, the third point is still match.