A parachute in the right place could help some of those landing/runway incidents too. But hard to imagine many pilots deploying the chute on a landing they thought they were good for.
Chutes take some period of time before they begin slowing the aircraft. If distance to impact is less than the distance to deploy the chute, the chute does not help.
But they also come at the expense of control. Once you pop the chute, you're a passenger, you no longer have the ability to control or point the airplane in any preferred direction.
If you've lost that ability already, the chute is fine, but if you still have the ability to influence your path, being able to pick what you hit and how fast you hit it can be worth a lot.
Drag cars have parachutes. I’m unsure why a parachute would keep you going straight only. All your other controls are still there, you just have more drag.
