The full names will be too much in some cases, and there is no abbreviation algorithm that will work everywhere (OSM is a global project). Similarly, "N 14th St" has no meaning in most of the world.
Hence, it's complicated and not "moronic" e.g. to make use of Wikidata for labels and to use external datasets to improve geocoding.
Hence, it's complicated and not "moronic" e.g. to make use of Wikidata for labels and to use external datasets to improve geocoding.