The people that make bail have a financial incentive to “be good”, and not forfeit their bail. That part of the system works fine.... if they offend while out on bail, Uncle Sam gets paid. It’s a broken fix for a broken system.

Harsh(er) punishments are an effective deterrent, and if they don’t deter they should be harsh enough to wipe out offenders through attrition. Eg, shoplifting with 2 hands is easy, with 1 hand is difficult, and with 0 hands is nearly impossible.